There are no longer any legal obstacles to Kurdistan Region oil exports, says Iraqi Parliament Deputy Speaker
This announcement comes on the heels of the Iraqi Parliament’s approval of a key amendment to the federal budget law on Sunday, a crucial decision that officially clears the path for Kurdish oil exports to restart.
ERBIL (Kurdistan24) – In a major breakthrough, Deputy Speaker of the Iraqi Parliament Shakhawan Abdullah announced on Monday that there are no longer any legal obstacles to oil exports from the Kurdistan Region. This paves the way for the long-awaited resumption of exports, a move expected to boost both regional and national economies.
This announcement comes on the heels of the Iraqi Parliament’s approval of a key amendment to the federal budget law on Sunday, a crucial decision that officially clears the path for Kurdish oil exports to restart.
Beyond economic developments, Abdullah also delivered important news regarding the restoration of land and property rights for Kurdish residents in Kirkuk. He confirmed that the process to return confiscated lands and properties to their rightful Kurdish owners has officially begun. Abdullah stated that he had signed the necessary documents, which will now proceed to the presidency before reaching the Iraqi Ministry of Justice for finalization.
These significant steps signal renewed cooperation between Baghdad and Erbil, fostering hope for economic progress and stability in the region.