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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Parliament: Agreement with the regional government to review its oil contracts to adapt them constit

    Rocky
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    Parliament: Agreement with the regional government to review its oil contracts to adapt them constit Empty Parliament: Agreement with the regional government to review its oil contracts to adapt them constit

    Post by Rocky Fri 27 Sep 2024, 6:51 am

    [size=38]Parliament: Agreement with the regional government to review its oil contracts to adapt them constitutionally[/size]


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    September 26, 2024[You must be registered and logged in to see this link.]
    Baghdad/Al-Masala: The head of the Parliamentary Finance Committee, Atwan Al-Atwani, announced today, Thursday, an agreement with the Kurdistan Regional Government to review its oil contracts to adapt them constitutionally.
    The media office of the Council of Representatives stated in a statement that “the delegation of the Parliamentary Finance Committee, which is currently visiting Erbil, headed by Atwan Al-Atwani, held an expanded technical meeting with representatives of the Kurdistan Regional Government, today, Thursday, in the building of the Council of Ministers of the region; to discuss resolving the outstanding issues between Baghdad and Erbil.”
    Al-Atwani said - according to the statement: "The meeting reviewed the oil files, financial revenues, automation of border crossings, unification of customs tariffs, and localization of employees' salaries."
    He added, "We have developed a roadmap to resolve the points of contention between the central government and the regional government regarding the oil export file."
    Al-Atwani confirmed that “the attendees reached an initial agreement with the regional government to conduct a comprehensive review of the oil contracts to adapt them to the Iraqi constitution, in preparation for solving the problem of the halt in the region’s oil exports,” explaining that “the agreement stipulates that the central government and the regional government enter as a unified party in negotiations with international oil companies operating in the region; with the aim of amending their contracts from production partnership to profit-sharing, in addition to reviewing the economic and commercial terms.”
    He pointed out that “the parliamentary finance committee is working to establish a sound basis for negotiating a solution to the pending issues, in order to resolve the oil export file during this year and eliminate the differences with the region,” stressing that “the committee will meet with the federal oil ministry upon its return to Baghdad, in order to discuss the controversial issues and push towards addressing them under the umbrella of the constitution.”
    Al-Atwani continued, "The meeting reviewed, in numbers, the steps for implementing the file of localizing the salaries of the region's employees, where the necessity of adhering to the decisions of the Federal Court was emphasized."
    Al-Atwani pointed out - according to the statement - that "the meeting also discussed the file of border crossings, customs and taxes, and ways to include their revenues in the country's general budget, and the extent of the regional government's commitment to sending these funds to the federal government."
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