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It is expected that Iraq will receive $32 billion from Turkey for violating the pipeline agreement
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Economy News-Baghdad
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Economy News-Baghdad
The specialist in economic and commercial disputes between countries, lawyer Jaafar Al-Saadi, suggested on Sunday that the Turkish government would compensate Iraq between 25 billion to 32 billion dollars for violating the provisions of the Iraqi-Turkish pipeline agreement signed in 1973 .
Al-Saadi said in a statement reported by the official “Al-Sabah” newspaper, “The agreement stipulates that the Turkish government must comply with the instructions of the Iraqi side regarding the movement of crude oil coming from Iraq in all storage and disposal centers and the final station, indicating that there are lost amounts resulting from these Turkish violations. ” .
He added, "Iraq's control of the pipeline is a "new sovereign element" to deal with Turkey according to the equation of the lost balance regarding concluding an agreement to share water between the two countries in the Tigris and Euphrates rivers," criticizing "Turkey's position, which still does not care about the drought and desertification that is sweeping the country due to the reduction in quantities the water it releases .
Al-Saadi added, "The Iraqi government must first resort to diplomatic methods to resolve the issues between Iraq and neighboring countries through diplomatic means, because Iraq has strong historical relations with neighboring countries without creating crises in the region, and in the event of the failure of diplomatic solutions regarding oil and water fields, resort to international courts."
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