After years of disagreement.. Al-Sudani announces an agreement to solve problems with the Kurdistan Region
After years of disagreement.. Al-Sudani announces an agreement to solve problems with the Kurdistan Region
2023-03-13 06:27
Shafaq News/ The Prime Minister, Muhammad Shia’ al-Sudani, announced, on Monday, that an agreement had been reached to end the dispute between Baghdad and Erbil over Kurdistan Region’s oil revenues.
“An agreement was reached to solve the problems between the center and the region regarding oil and gas by putting the revenues from the region’s oil in a bank,” Al-Sudani said during a press conference held today after the cabinet session, which was attended by Shafaq News agency.
He added, “For the first time, we reached an agreement that the region’s oil revenues be deposited in one account and authorize the region’s prime minister and the federal prime minister to monitor the account, and there will be a committee that will submit its recommendations to the federal prime minister to take the appropriate decision.”
The oil export and revenue file in the Kurdistan Region is one of the most prominent points of contention between Baghdad and Erbil, and it was usually used as a card for political escalation when relations between the center and the region soured.
The dispute over this file escalated after the Federal Supreme Court (the highest judicial authority in Iraq) issued on February 15, 2022 a ruling that the oil and gas law in the Kurdistan Regional Government was unconstitutional.
The Federal Court obligated the Kurdistan Regional Government to hand over oil imports to Baghdad, which sparked angry reactions from the region during a period that was essentially serious political tension, as the ruling was issued in conjunction with the height of the political impasse that followed the early elections in October 2021.
shafaq.com
