Tag Archives | KRG

The Mystery of Kurdistan's Border Taxes

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Missing Millions? The Mystery of Iraqi Kurdistan's Border Taxes Money collected at Iraqi Kurdistan’s borders with Iran and Turkey should amount to hundreds of millions of dollars for the cash-strapped […]

France to give KRG Advanced Weapons

The President of France, Francois Hollande, on Wednesday received at Elysée Palace a high-ranking delegation from the Kurdistan Regional Government’s Ministry of Peshmerga Affairs, led by the Minister, Mustafa Sayid Qadir, accompanied by a number of field commanders from the battle fronts and officials from the ministry. The purpose of the delegation’s visit to France […]

Luxemburg Pledges Support to Kurdistan

On Saturday, the Head of KRG Foreign Relations, Minister Falah Mustafa, received Mr. Jean Asselborn, Minister of Foreign and European Affairs of Luxemburg and his accompanying delegation to discuss strengthening of bilateral relations as well as developments in the region. Minister Mustafa welcomed Minister Asselborn in his first visit to Kurdistan and expressed the desire […]

Cyprus to Open Office in Erbil

Minister for Foreign Affairs of the Republic of Cyprus, Ioannis Kasoulides, received Minister Falah Mustafa on Thursday to discuss bilateral ties between the Kurdistan Region and the Republic of Cyprus as well as latest developments in the wider region. In welcoming Minister Mustafa and his accompanying delegation, Foreign Minister Kasoulides said, “We are determined to […]

Armenia to Open Consulate in Erbil

Kurdistan Region Prime Minister, Nechirvan Barzani, has received Mr. Levon Sargsyan, Ambassador-at-large and Special Envoy of the Armenian Government, and Mr. Karin Gregorian, Ambassador of Armenia to Iraq. Mr. Sargasyan conveyed the greetings of the President and Prime Minister of Armenia to Prime Minister Barzani and stressed his country’s desire to build solid ties with […]

KRG "can be Self-Sufficient in Months"

By John Lee. Ashti Hawrami (pictured), KRG energy minister, has said that Iraqi Kurdistan is expected to reach financial self-sufficiency from Baghdad within months, despite central government withholding the region’s 17 percent share of budget. Speaking to Rudaw, he outlined plans to increase oil production to 750,000 bpd by the end of this year. In a […]

Japan Continues to Assist KRG

Minister Falah Mustafa, Head of KRG Department of Foreign Relations today received Mr. Kentaro Sonoura, Parliamentary Vice-Minister for Foreign Affairs of Japan and his accompanying delegation to discuss latest developments and bilateral ties. Minister Mustafa briefed the Vice-Minister on the military, humanitarian, and economic challenges facing the Kurdistan Region as well as the political process […]

KRG Reassures Airlines on Safety

Kurdistan Regional Government Deputy Prime Minister, Qubad Talabani, chaired a meeting to discuss and assess the state of airports and flights in the Kurdistan Region. The meeting was attended by KRG Ministers of Interior, Natural Resources, Planning, Transportation and the Head of the Department of Foreign Relations and the Government Spokesperson along with the Governor […]

KRG Rejects Korean Corruption Claims

By John Lee. The Kurdistan Regional Government (KRG) has completely rejected what it calls "the false and malicious allegations of misuse of funds made against the KRG and the Minister of Natural Resources" by an opposition MP in the Republic of South Korea and which were published by the Korea Times. Korean MP Chun Soon-ok […]

Turkey to Explore for Oil in Qandil

By John Lee. Turkish energy minister Taner Yildiz said today that agreements with Iraqi administrations open the door for Turkish oil exploration in Iraqi Kurdistan: "We have agreements with Baghdad and [the government in] northern Iraq ... In the frame of these agreements, we will explore for oil there ... "There can be an additional […]

KRG to Import Gas, Electricity from Iran

By John Lee. Roza Othman, a member of the Natural Resources Committee in the Kurdistan Parliament, has said that the KRG will sign a contract with Iran to import gas and electricity. The imported electricity and gas will be for civilians, and the gas will be delivered by pipeline. The Head of the Parliamentary Committee […]

United Kalavyrta Unloads in Israel

By John Lee. The tanker which was blocked for months by a Baghdad legal challenge from unloading its 1 million barrels of Kurdish crude oil in Texas, has reportedly delivered its cargo to Israel. The United Kalavyrta [United Kalavrvta, United Kalvrvta] (pictured) spent several months off the coast of Texas after Baghdad tried to have […]