Kurdistan Region President Masoud Barzani welcomed German defense minister Ursula von der Leyen in Erbil on Thursday. In a meeting with President Barzani and the military leadership of the KRG, the German defense minister stated that her country stands by the people of Kurdistan in the fight against ISIS terrorists and commended the role of […]
By John Lee. Reuters reports that Iraqi Kurdistan has shipped a total of nineteen tankers carrying 13.7 million barrels of crude oil since May, using its new pipeline to the Turkish port of Ceyhan. An official told the news agency that the flow of oil continues without any issues, and a 20th tanker will be […]
Prime Minister Nechirvan Barzani received Mr Frank Baker OBE on Tuesday, an old friend of the Kurds and the UK's new ambassador to Iraq. Mr Baker visited Kurdistan at the beginning of his appointment as ambassador. He expressed his pleasure to be back in Erbil and to see Prime Minister Barzani. He said that he […]
Prime Minister Nechirvan Barzani today received Mr Tan Banglin, envoy from China's Foreign Ministry appointed to be the first Chinese consul general in the Kurdistan Region. Mr Banglin said that he was very pleased to visit the Kurdistan Region, stating that he has arrived in the Region during this difficult time to express China’s solidarity […]
The Foreign Minister of Belarus, Mr Vladimir Makei, arrived in the Kurdistan Region yesterday to strengthen bilateral relations and sign a memorandum of understanding. Prime Minister Nechirvan Barzani, Deputy Prime Minister Qubad Talabani, and senior KRG officials received the Foreign Minister and his delegation. In the meeting, both sides exchanged views on bolstering relations and […]
By John Lee. The Kurdistan Region of Iraq has exported more than 14 million barrels of oil from its independent oil pipelines to Turkey in the last nine months, according to a report from BasNews. A spokesman for the KRG's Natural Resources Committee told the news agency that the exports have brought in over 1 […]
Mr Miroslav Dosek, Head of Middle East and North Africa section of the World Economic Forum (WEF), visited the KRG Department of Foreign Relations to discuss economic developments in Kurdistan as well as the current security and humanitarian situation. Mr Dosek said, “The achievements and the success of the Kurdistan Region are very much lauded […]
By Patrick M Schmidt. The Kurdistan Regional Government (KRG) has welcomed forty German military advisors who will begin training Peshmerga security forces on weapons newly received from Germany. The advisors have previous experience training foreign militaries. The German military assistance package is valued at $92 million and is aimed to assist in their fight against […]
By John Lee. At the request of the government of Iraq to provide urgent military support, the UK will supply heavy machine guns and nearly half-a-million rounds of ammunition. China's Xinhua news agency values the assistance at $2.6 million (3 billion Iraqi dinars). According to the statement from the British Ministry for Defence, this will […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Kurdish officials have said that they will support the Iraqi central government and Prime Minister Haider al-Abaddi's cabinet for a three month trial period. But the union remains on shaky ground, with the […]
By John Lee. The Kurdistan Regional Government (KRG) has reportedly resume the export of oil by truck to Iran. Iran closed its border crossings with the KRG for Kurdish crude oil exportation early last month. (Source: BASNEWS)
Prime Minister Nechirvan Barzani yesterday chaired a meeting of the Kurdistan Region’s High Council for Investment to discuss various issues related to investment and the economy. In the meeting, implications of the current situation and the latest developments in the Kurdistan Region were discussed, as well as the economic crisis and the effects that Baghdad’s […]
