Synopsis The two sides held wide-ranging talks during the second round of the India-Iraq Foreign Office Consultations in Baghdad where the Indian delegation was led by Ausaf Sayeed, Secretary (CPV & OIA), while Iraq's delegation was led by Hisham Al Alawi, Undersecretary for Political Planning Affairs from the Ministry of Foreign Affairs of Iraq. India and I
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The Oil Ministry is considering a backup plan of offering the gas field in a new contract licensing round. Iraq appears to be on the verge of losing a deal to develop one of its largest free gas fields after China's Sinopec asked for fundamental changes to a contract that was awarded by the previous government. The end of the Mansuriya deal would represent a setback in Iraq
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4,500-Year-Old Sumerian Palace Discovered in Iraq Desert. Credit: Public Domain Since 2015, a team of British Museum-affiliated archaeologists has been excavating the site formerly known as Tello, where the ancient city of Girsu once stood, in the southern plains of Iraq. Dr. Sebastien Rey supervised the excavation team that found the Sumerian palace in modern-day Iraq, w
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Iraq is planning to pay for private-sector imports from China in yuan, injecting foreign currency into the financial system to help ease pressure on the dinar. The central bank will provide yuan to local lenders for dealings with Chinese counterparts, according to a statement published Wednesday. It will also supply the Chinese currency to final beneficiaries directly via so
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Iraq is the latest nation in the Global South to move away from the US dollar in bilateral trade with China The Iraqi central bank announced on 22 February that, for the first time, it plans to allow trade from China to be settled directly in yuan instead of the US dollar to improve access to foreign currency. “It is the first time imports would be financed from China in
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