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Clare » April 7th, 2023
The President of the Kurdistan Region hopes that the oil agreement between Erbil and Baghdad will enter into force as soon as possible
4/07/2023
The President of the Kurdistan Region of Iraq, Nechirvan Barzani, expressed, on Friday, his hope that the temporary agreement reached by Erbil and Baghdad regarding the resumption of exporting Kurdistan’s oil will enter into force as soon as possible.
Barzani said in a statement to reporters today in Erbil that this agreement is very important and is in the interest of all of Iraq, adding, “We have emphasized from day one that there must be an Iraqi solution.”
He stressed that the Kurdistan Region was ready for the agreement in the past as well, but the federal government in Baghdad was not ready, and fortunately the government in Baghdad is ready at the present time, and we hope that this agreement will enter into force as soon as possible.
Last Tuesday, the federal government and the regional government signed a temporary agreement between the Federal Ministry of Oil and the Ministry of Natural Resources in the regional government, according to which the export of crude oil abroad from Kurdistan and Kirkuk Governorate will resume after it was suspended by the International Arbitration Tribunal in Paris. LINK
Source: Dinar Recaps
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