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Baghdad and Erbil agree to set up committees to resolve dilemmas
09/15/2012 12:00 am
Baghdad morning
agreed to the central government and the Kurdistan Regional Government to set up a joint bilateral committees for scrutiny and resolve outstanding problems and payment of dues to oil companies in the region in light of the budget law. According to a statement issued yesterday by the Office of the Deputy Prime Minister Ruz Nuri Shawis on the sidelines of a meeting of oil ministers, finance and trade in the Governments of the center and the province, said that «the conferees agreed to resolve the outstanding problems between the two governments», stressing that «the meeting concluded an agreement on the formation of bilateral committees joint audit and solve the outstanding problems and payments to the oil companies in the region in light of the budget law. The statement added that «minister in two governments also agreed to continue exporting oil through the pipeline of government, and raise the production region to 200 thousand barrels per day, as a first stage, taking into account the increase for next year».
noteworthy that the meeting was sponsored by the Deputy Prime Minister Ruz Nuri Shawish included both the Minister of Finance in the Federal Government Rafie al-Issawi and Oil Minister in the Federal Government Abdul Karim defect and Commerce Minister in the federal government Khairallah Babiker and Chairman of Supreme Audit Abdul Basit Turki and Minister of Natural Resources in the Kurdistan region Iachta Hawrami and a number of officials in the Ministry of Finance for the Kurdistan region.
erupted crisis between Baghdad and Erbil on the back off the Kurdistan region in the first of April, oil pump because of the dispute over financial dues to oil companies operating in it. The origin of the dispute to the oil contracts concluded by the region which Baghdad deems illegal, while the region say they are based on the Constitution and the bilateral agreements signed with the federal government.
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