Ayn Al Iraq News

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Barzani is in Baghdad tomorrow to sign an oil agreement with the federal government

An informed political source revealed, on Sunday, the intention of the President of the Kurdistan Region, Nechirvan Barzani, to visit Baghdad on Monday, to sign a comprehensive oil agreement between the governments of Baghdad and Erbil.

The source said, “Nechirvan Barzani will visit Baghdad tomorrow, Monday, to sign the comprehensive agreement with the federal government, which stipulates that the region will deliver 460 thousand barrels of oil per day in exchange for handing over Baghdad to the region’s share of the budget and the salaries of employees and the Peshmerga in full.”

He added, “The draft federal budget law for 2021 will also be discussed.” Source