Erbil reaches an agreement with Baghdad regarding oil imports and its share in the budget
Erbil reaches an agreement with Baghdad regarding oil imports and its share in the budget
2023-07-31 | 07:58
Erbil has reached an agreement formula with Baghdad that regulates the mechanism of exporting oil and obtaining its imports in exchange for giving the region its dues, and economists believe that the agreement is the only way out to solve the existing crisis.
In the midst of long-running disputes between Baghdad andErbil, the two sides stand on the verge of an agreement that, if implemented, might pave the way for the end of the crisis.
Economists believe that the government should be keenBaghdadTo implement this agreement to guarantee the rights of both parties, as well as achieve justice in the distribution of resources without any discrimination.
On the twenty-fifth of last March, the export of oil from the region was stoppedKurdistanabroad through the Turkish port of Ceyhan, in response to a decision issued by theInternational arbitral tribunalinParis, And in the event that the territorial government adheres to the points of the new agreement, thenFederal Ministry of FinanceYou will undertake the financing of the region in accordance with the law of the budget of two thousand and twenty-three.
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