Tag Archives | Turkiye

Iraq Now a Key Land Bridge for TIR Transit

By John Lee. The TIR international road transit system became fully operational in Iraq on 1 April 2025, with transport companies opening seven routes via the country and completing more than 1,000 operations within the first eight months, according to the International Road Transport Union (IRU). Iraq subsequently made TIR mandatory for all goods transiting […]

Ankara's Kurdish Dance in Iraq leaves Erbil in Leading Role

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Ankara's New Kurdish Dance in Iraq Leaves Erbil with the Leading Role Strengthening a steady rapprochement, Turkiye's Ambassador to Iraq Anil Bora Inan on June 4 met with Patriotic Union of Kurdistan (PUK) […]

New Cmte to Renew Kirkuk-Ceyhan Oil Pipeline Agreement

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq forms committee to renew Kirkuk-Ceyhan oil pipeline agreement Iraq has established a high-level committee to prepare a new draft agreement on the Kirkuk-Ceyhan oil pipeline as the current deal expires in July. Salim […]

"Clock Ticking" on Iraq-Turkey Pipeline (ITP) Renewal

By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Clock Is Ticking Down To Iraq's Economic Disaster On 27 July OPEC's second-largest oil producer, Iraq, has less than two months before it loses the key means to export its […]

$900m World Bank Financing for Iraq Road Corridors

By John Lee. The World Bank has approved a $900 million financing package to rehabilitate and expand key road corridors in Iraq, with the aim of improving domestic mobility, regional integration, and job creation. The Board of Executive Directors approved the Iraq Transport Economic Corridors (ITREC) project on Thursday. According to the World Bank, the […]

Iraq "Urgently Needs to Find Ways of Getting Oil to Market"

By James Drummond, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq urgently needs to find ways of getting its oil to market Iraq is planning to triple crude oil export volumes via pipeline, according to the […]

Trump names Tom Barrack as Special Envoy to Iraq

By John Lee. Tom Barrack, the United States Ambassador to Türkiye, has been appointed Special Presidential Envoy to both Syria and Iraq, while retaining his ambassadorial post in Ankara. The appointment was announced on Truth Social by President Donald Trump, who said Barrack would operate with the full backing of the US Department of State […]

Iraq-Turkey Pipeline Contract to be Negotiated

By John Lee. Iraq's Ministry of Oil has been authorised to negotiate a long-term agreement with Turkey governing the Iraq-Turkey pipeline (ITP), according to a cabinet decision. The Council of Ministers approved an amendment to Resolution 254 of 2026, extending the pipeline contract for four months. Under the amended resolution, the Ministry of Oil is […]

Iraq, UK discuss Investment, Energy and Partnership Agreement

By John Lee. The Iraqi Embassy in London has held a virtual meeting with the Iraq Britain Business Council (IBBC) to discuss strengthening economic and investment relations between the two countries. Ambassador Dr Salih Husain Ali Al-Tamimi led the meeting, which covered a range of topics including: Recent political developments in Iraq, including the forthcoming […]

Turkish Powership to Boost Iraq's Summer Electricity Supply

By John Lee. Iraq's Ministry of Electricity has agreed steps with Turkish company BKPS to reactivate a powership currently docked at Umm Qasr. Electricity Minister Ali Saadawi Wahib met with representatives of BKPS, an affiliate of Karpowership, ahead of peak summer demand. Powerships are self-contained, multi-fuel enabled floating power plants. (Source: Ministry of Electricity)