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By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet decided to authorise the Minister of Planning to negotiate and sign a draft agreement on double taxation and tax evasion between Iraq and Turkey. (Source: Govt of Iraq)
By John Lee. Iraq has reportedly cancelled a contract to develop its Mansuriya gas field near the Iranian border. Iraq Business News understands that, under a deal agreed in 2010, the field was being developed by Turkish Petroleum (TPAO) (37.5%), Iraqi Oil Exploration Company (25%), Kuwait Energy (KEC) (22.5%), and Kogas (15%). According to Reuters, […]
The Iraqi Cabinet has authorised the Minister of Water Resources to negotiate and sign a protocol of cooperation between Iraq and Turkey on the management of the water resources of the Tigris River. According to the UN, intake from the Tigris and the Euphrates rivers - Iraq's primary sources of water - is decreasing at […]
AIRSADA, the private jet charter company based in Istanbul, has announced new direct flights from Basra International Airport. Flying directly to airports around the world, including cities such as London, Paris, Milan, Moscow, and Quanzhou, the new service promises to help make private jet travel more accessible for Iraqi and international clients. Commenting on the […]
By John Lee. The Turkish Civil Aviation Authority has reportedly suspend flights between Turkey and Iraq from Saturday 3rd October. According to Shafaaq news agency, the decision was made to prevent the spread of coronavirus (covid-19). (Source: Shafaaq)
By John Lee. A new railway line will reportedly be built between Mosul and Turkey. Anadolu Agency quotes the governor of Mosul, Najim al-Jubouri, as saying that a team of engineers with the support of Turkish companies will start laying a new line "in the coming days". (Source: Anadolu Agency)
Iraq Forms Delegation to Negotiate Water Share with Iran, Turkey The Iraqi Foreign Relations Committee in Parliament formed a special delegation headed by the Minister of Water Resources, Mahdi Rashid Al-Hamdani, to resolve the water file with Iran and Turkey. The committee's rapporteur, MP Iqbal Abdul Hussein, said the Ministry of Foreign Affairs had been […]
By Al Monitor staff. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Flights between Turkey, Iraq suspended another month Turkey's flight suspension to and from Iraq has been extended through October 1, Iraq's civil aviation authority announced Monday amid a rising number of coronavirus cases. […]
By Omar al-Jaffal for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. What trump cards is Iraq pulling against Turkey to secure water quota? While temperatures have risen to 50 degrees Celsius (122 degrees Fahrenheit) in a number of regions of […]
By John Lee. The Iraqi Foreign Ministry has said it will no longer issue visas at border crossings for Turkish citizens wanting to visit Iraq. In a statement, it accused Turkey of violating a 2009 deal that eased the visa process for citizens of the two countries: "Iraq is keen to adhere to the agreements […]
By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad's row with Ankara could benefit each side Turkey's drive to establish a "security corridor" against Kurdish groups along its southern borders - all the way from Afrin in northwestern Syria to the Qandil […]
By John Lee. Turkey's official export credit agency has reportedy agreed to provide $79.2 million in reinsurance support to its U.K. counterpart's energy projects in Iraq. According to Daily Sabah, Türk Eximbank will provide UK Export Finance (UKEF) with cash in proportion to the value of Turkish exports and services that will be used in […]
