Oil Negotiations Between Baghdad And Erbil Are Nearing A Final Settlement: Resumption Of Exports Is Imminent – Urgent
Economy Yesterday, | 549 Baghdad Today – Baghdad The energy advisor at the Patriotic Union of Kurdistan’s media office, Bahjat Ahmed, revealed on Monday (June 30, 2025) significant progress in the ongoing negotiations between the Baghdad and Erbil governments regarding the Kurdistan Region’s oil exports, indicating that an agreement is very close.
Details of the expected agreement
Ahmed told Baghdad Today that the federal government’s technical delegation had returned to Baghdad, while another delegation from the Kurdistan Regional Government, including the chief of staff of the regional government and the Minister of Natural Resources, headed to the capital for an expanded meeting with Oil Minister Hayan Abdul Ghani.
Ahmed explained that “the results of the negotiations are very positive, and an agreement is imminent.
The issue of resuming Kurdistan’s oil exports may be resolved within the current week.”
He added, “The agreement includes Baghdad assuming the debts of foreign oil companies from October 2022 until the date oil exports cease, amounting to $1.2 billion, in exchange for the regional government delivering 300,000 barrels of oil per day to Baghdad.” Ahmed continued,
OPEC meeting and increasing Iraq’s share
“The OPEC meeting scheduled for next month will discuss increasing oil quotas,
including Iraq’s, which will allow the region to benefit from its 300,000 barrels per day share.”
It’s worth noting that the Kurdistan Region’s oil exports via the Turkish-Ceyhan pipeline were halted in March 2023, following a ruling by the International Court of Arbitration of the International Chamber of Commerce in Paris, which upheld the Iraqi federal government’s position as the sole authority uthorized to manage oil exports.
Since then, Baghdad and Erbil have engaged in a series of negotiations aimed at reaching a new agreement that would guarantee the resumption of exports in a legal and orderly manner,
amidst the significant financial losses the region has incurred as a result of the suspension of oil revenues.
Political parties hope to capitalize on this opportunity to reach a comprehensive solution,
especially with anticipation of the next OPEC meeting,
which may approve an increase in production quotas,
opening a window to reap the benefits of the region’s export capacity. https://baghdadtoday.news/277481-.html
“Development Road”… The First Direct Freight Transport Through Iraq
Economy 2025-06-28 | Source: Russia Today 8,755 views Istanbul, Turkey, hosted a ceremony to launch truck transport operations between Turkey, Iraq, Kuwait, Germany, and Jordan.
The ceremony was held on the sidelines of the Global Transport Corridors Forum,
held at the Istanbul Congress Center. Agency reported Anadolu that the transit route through Iraq had been closed to transportation since 2003,preventing transit through Iraq.
She added that with Baghdad implementing the truck system, the transit route was opened,
with three vehicles departing on June 25 to transport goods to Kuwait via Iraq,
marking the first direct shipment to Kuwait in 22 years.
Since the transit route through Syria has been closed since 2011,
direct land transport to Jordan has not been possible.
The agency noted that on June 27, 2025, a vehicle carrying goods from Germany was transported to Jordan via the Turkey-Iraq route, marking the first direct land transport to Jordan in 14 years.
Speaking at the ceremony,
Turkish Minister of Transport and Infrastructure Abdulkadir Oraloğlu said
they want trucks to travel by land from Turkey to Iraq, then Kuwait and Jordan
as the first stage of the “development road.”
He added, “We have made a preliminary start.
This is a rehearsal for the development path.
We will have implemented the initial project to maintain the vitality of the corridors.
We will track the trucks departing from Türkiye.”
For his part, Nasser Al-Asadi, advisor the Iraqi Prime Minister’s on transportation,
said his country seeks to connect the East and West through its territory. He added,
“We fully support the development path and congratulate Türkiye.]
This is the first step, and we await the next steps.”
The “Development Road” is a land and railway route extending from Iraq to Turkey and its ports.
It is 1,200 km long inside Iraq and
aims to transport goods between Europe and the Arab Gulf states.
https://www.alsumaria.tv/news/economy/531639/طريق-التنمية-أول-نقل-مباشر-للبضائع-عبر-العراق
Popular Satisfaction
Economic 06/30/2025 Yasser Al-Mutawali It seems that the agricultural policy in Iraq has achieved good results in the field of providing agricultural crops, especially vegetables, in good abundance and at prices suitable for all segments.
This is what I have witnessed with my own eyes and touch as I observe and look on my way to the fruit and vegetable markets, and I see satisfaction on the faces of shoppers regarding the products and prices in the conversations of men and women during the current season, despite some variation in prices between one seller and another.
However, overall, the prices are acceptable to the consumer on average.
It is noteworthy that the
limited-income segments are happy with this achievement when shopping and
they see an increase in the level of shopping on their part.
Instead of buying half a kilo of tomatoes, cucumbers, or eggplant,
the purchase has increased to more than a kilo,
which indicates the possibility of purchasing power in the family budget.
To get more items.
It confirms the truth of what I have gone to, that there is relief
Drawn on faces
My focus here is on low-income groups, as they are the true indicator of the level of satisfaction with prices.
This is because the demands of well-off families remain in acquiring a surplus of what they need,
according to their purchasing power, and this is the reality.
This phenomenon indicates the Sudanese people’s support and interest in the agricultural sector, as
they are from this class decline first, and
then their specialization as agricultural engineers and their reliance on expert advice.
Veteran Farming.
On the other hand, the government’s wise policy in dealing with the water issue with neighboring Türkiye has achieved a somewhat acceptable water level to cover the farmers’ water quotas.
In addition to the unlimited support for the agricultural sector, both agricultural and irrigation,
it has had a positive impact on the country’s agricultural policy in achieving a balance between imports and local production.
We expect agriculture to have a bright future if it continues to achieve this balance,
achieving reasonable prices for consumers, producers, and intermediary sellers.
Perhaps one of the results of the development in agricultural policies,
which is a reflection of the unlimited support from the government,
is the increase in the rate of production of strategic crops (wheat, barley, corn, and other crops).
Fodder and barley.
It must be noted that this support has also been reflected in
encouraging farmers and agriculturalists to adopt modern irrigation techniques, as well as
agricultural mechanization,
which the government has supported the provision and importation of,
along with ongoing guidance programs on their uses.
We hope to maintain this happy model that achieves food security and brings joy to low-income groups in obtaining it. On her daily sustenance easily. https://alsabaah.iq/116712-.html
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