The Parliamentary Legal Committee detailed the mechanism for selecting an international advisory committee on KRG’s oil issues. The budget law amendment aims to resolve conflicts between Baghdad and Erbil, ensuring fair oil production practices. The selection process involves both the Federal and KRG oil ministries, with the Cabinet intervening in case of disputes to prevent prolonged conflicts.
The Parliamentary Legal Committee has outlined the selection process for the international advisory committee on the Kurdistan Region’s (KRG) oil regulations. They stated that amending the budget law would address numerous existing conflicts between Baghdad and Erbil, particularly regarding oil production and delivery. Committee member Muhammed Anouz emphasized that parliamentary approval of the proposed draft amendment signifies a commitment to resolving these contentious issues.
Anouz explained that the amendment includes provisions for selecting the advisory committee with input from both the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Region. Should a dispute arise over the selection, the Cabinet will intervene to appoint the advisory firm based on specific criteria aimed at preventing prolonged disputes. This process underscores the importance of maintaining stability between regional and central authorities.
The Legal Committee is diligently monitoring all legislative processes affecting the country and recognizes the responsibility of fostering harmonious relationships between the KRG and the federal government. The committee emphasizes a national duty to respond to both regional needs and central proposals. Anouz added that the advisory committee must ensure equitable solutions for the KRG that uphold constitutional principles without favoritism.
The ongoing disputes over oil management between the central Iraqi government in Baghdad and the autonomous Kurdistan Region (KRG) have led to economic tensions and legal ambiguity. The establishment of an international advisory committee aims to create a transparent mechanism for resolving these conflicts. The proposed amendment to the budget law is seen as a step toward formalizing agreements regarding the production and distribution of oil, a critical economic sector in Iraq.
In summary, the establishment of an international advisory committee is pivotal in addressing the longstanding disputes over oil management between Baghdad and Erbil. The proposal for budget law amendments reflects a commitment to a fair and equitable resolution that meets regional needs. Ongoing monitoring and involvement of both regional and federal bodies will be essential in achieving stability and constitutional adherence in the oil sector.
Original Source: ina.iq
