Editor's Column
Golden Collection
MFA Russia News
All Tags
Archive material
February 2020 (14)
January 2020 (26)
December 2019 (21)
November 2019 (41)
October 2019 (24)
September 2019 (20)

Although the Iraqi government had long been opposed to oil exports from Kurdistan, the region transported oil abroad relying on its own legislation.

A corresponding standard act has not been adopted yet, but over the past few years the Kurdistan Regional Government (KRG) has signed a series of production sharing agreements with two dozens of foreign companies all over the world.

In the beginning of US intervention in Iraq there was talking that democratization will lead to the economic prosperity. In practice it turned out to be wrong. In 2005, the constitution of Iraq was approved, Iraq was proclaimed a democratic state and the presidential and parliamentary elections were held (the second elections were held in March 2010). On the results of the elections the new government was formed, but put it lightly - the development of the Iraqi economy leaves much to be desired.