International Compact with Iraq

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The International Compact with Iraq is an initiative of the Government of Iraq that was announced July 27, 2006 ^[1] for a new partnership with the international community. The Compact, jointly chaired by the Government of the Republic of Iraq and the United Nations, with the support of the World Bank, will, over the next five years, "bring together the international community and multilateral organizations to help Iraq achieve its national vision."

The Compact was formally introduced at the United Nations on March 16, 2007, ^[2] and it was scheduled to be adopted in early May 2007. The Compact will require Iraq to establish benchmarks for normalizing the security environment, reconciling the political environment, and revitalizing the economic environment.

The Government’s vision is that, "five years from now, Iraq shall be a united, federal and democratic country, at peace with its neighbours and itself, well on its way to sustainable economic self-sufficiency and prosperity and well integrated in its region and the world." Guided by the Millennium Development Goals, the Government will work to meet basic needs, protect the rights of all citizens and ensure the optimal use of the country’s resources for the common good.

A review conference was held in Stockholm on May 29, 2008.