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On 27 May 2011, the Euopean Commission (EC) and the Republic of Iraq signed a Joint Declaration on an enhanced strategic energy partnership and gas delivery for Europe. It outlines areas of cooperation such as the development of an energy policy for the Iraqi people, energy security of supplies between Iraq and the EU, promotion of renewable energy and energy efficiency.

Iraq commits to supplying gas over the long term to the EU, through the Southern Corridor, while the EC provides access to its market for them. This Joint Declaration is an important step in the diversification of Europe's energy supplies. The EC will work together with the Federal Government of Iraq in order to jointly identify the export gas volumes that could be used to underwrite Iraqi domestic energy infrastructure investments by taking into account Iraq's domestic needs.

On 18 January 2010, the Memorandum of Understanding (MoU) on a "Strategic Energy Partnership" between the EU and the Republic of Iraq was signed to provide the political framework for the bilateral energy relations.