Archive | Politics

Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.

KRG PM meets Pres Obama's Representative

Kurdistan Regional Government’s Prime Minister, Nechirvan Barzani, yesterday received General John Allen, Special Envoy of President Obama for the Global Coalition to Counter the Islamic State terrorist organisation, ISIS, and his accompanying delegation, which included his deputy Brett McGurk, who is also the Deputy Assistant Secretary for Near Eastern Affairs, the US Ambassador to Iraq […]

New KRG Representative to United States

Bayan Sami Abdul Rahman yesterday began her mission as the Representative to the United States of America. Minister Falah Mustafa Bakir, Head of the Department of Foreign Relations, met with Ms Abdul Rahman and the staff of the Kurdistan Regional Government Representation in Washington DC to officially declare her as the new representative and to […]

Iraqi Cabinet Approves Budget Reforms

By Mustafa al Kadhimi for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the opinions of Iraq Business News. On Dec. 23, Iraq's Cabinet approved and submitted the 2015 federal budget to parliament. This development occurred following months of study to review and reduce the initial budget’s large […]

China Opens Consulate in Kurdistan

In the presence of Prime Minister Nechirvan Barzani, China’s Vice Foreign Minister, Zhang Ming, officially opened China’s consulate general in Erbil today. Prime Minister Barzani in his speech applauded the decision of the government of China to open its consulate general in Erbil. He said: “Opening the consulate general of the People’s Republic of China […]

Basra "Moving Towards Independence"

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the establishment of modern Iraq in 1921, its provinces have had different positions toward decentralization as a result of the country's ethnic and cultural diversity. In addition, economic resources have varied widely from one […]

Kuwait, Iraq Strengthen Ties

By John Lee. The Kuwaiti deputy prime minister, Sheikh Subah Al-Subah [Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah], arrived in Baghdad on Sunday for an official visit. The two sides discussed the promotion of relations between the countries, and the efforts to fight terrorism. Sheikh Al-Subah said that Iraq represents a basic pillar to stabilize the region, […]

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Zebari Presents "Real" 2015 Budget

By John Lee. Iraqi Finance Minister Hoshyar Zebari (pictured) has taken a brutally realistic stance on the passing of Iraq's 2015 budget, Reuters reports. Zebari has previously been frank about the challenges Iraq faces and the war economy situation the country is now in. The Finance Minister noted how, "The strategy was to present a real budget - […]

War Reparations Reprieve Confirmed

By John Lee. The U.N. Compensation Commission (UNCC) agreed on Thursday to allow Iraq to postpone its final payment of reparations to Kuwait for the Gulf War. Iraq will have until January 2016 to begin paying the remaining $4.6 billion (5.4 trillion Iraqi dinars) that it owes for the destruction of oil fields during its […]

FM al-Jaafari Meets Iranian President

By John Lee. Foreign Minister Dr. Ibrahim al-Jaafari recently met the President of Iran, Mr. Hassan Rohani, in Tehran. The Minister was in the city to participate in an international conference on violence and extremism. He said that Iraq is progressing steadily, and it is important to clarify issues of common interest between it and […]

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KRG to US: ‘This is Iraq’s Last Chance’

During a speech to an audience of top Washington scholars and officials at the Center from Strategic International Studies (CSIS), Kurdistan Regional Government (KRG) Deputy Prime Minister Qubad Talabani said, ‘Iraq can only be saved if Baghdad is willing to devolve some of its powers to regional authorities and be more inclusive of minorities.’ He […]

KRG Appoints New Representative to the US

The Kurdistan Regional Government Council of Ministers has appointed the current KRG Representative to the United Kingdom, Ms. Bayan Sami Abdul Rahman, as the new KRG Representative to the United States of America. Commenting on this decision, the Head of the KRG Department of Foreign Relations, Minister Falah Mustafa said: “Based on the KRG’s policy […]

UNDP Supports Govt Development Prog

The United Nations Development Programme (UNDP) and the Secretariat of the Council of Ministers today signed in Baghdad an agreement reaffirming the commitment of the UN Development agency to support the Iraqi government in its efforts to achieve its 4-year development programme. The General Framework for the Government Development Programme 2014-2018 defines strategic priorities for […]