ERBIL — The Kurdistan Regional Government's (KRG) negotiating delegation held discussions with representatives from oil and gas companies to discuss key issues on the budget, oil law, and the resumption of oil exports from the Region.

Peshawa Hawramany, the spokesperson for the KRG, provided insights into the meeting, stating, "The meeting reaffirmed the intention of the Kurdistan Regional Government for a radical solution and pointed out that the Kurdistan Regional Government has done what was on the negotiations to reach an agreement and a solution."

The discussions centered on the latest developments in the ongoing talks between Erbil and Baghdad, specifically addressing critical aspects of the budget and oil-related matters. The KRG's commitment to seeking a comprehensive solution was emphasized during the meeting, reflecting its proactive engagement in negotiations to achieve a mutually beneficial agreement.

A significant part of the dialogue was focused on the resumption of oil exports from the Kurdistan Region. The representatives of the oil and gas companies participated in deliberations that underscored the necessity for a collective solution and a shared understanding among all parties involved. Central to this is reaching a consensus on the costs associated with the production and transportation of oil.

In March 2023, the International Chamber of Commerce in Paris issued a verdict against the independent crude oil exports of the Kurdistan Region through Turkey, based on which the federal government remains the only party in charge of oil exports through Turkey's Ceyhan port.

Since then, the KRG has been in continuous negotiations with the federal government in recent months, and the agreement on budget and oil and gas is a positive development in their relationship.