Sep 2017 The agriculture sector is vital to Iraq’s economy and has been the second largest contributor to the country’s gross domestic product (GDP). The Islamic State of Iraq and the Levant (ISIL) has escalated armed activities in the summer of 2014 at a particularly crucial time in the agricultural calendar, leading to significant damage and loss to the sector. Harvested
Read MoreMinister says Baghdad doesn’t know much about Kurdish exports Too early to decide whether OPEC deal needs to be extended Iraq said it has gone deeper than its pledged oil-output cut, potentially ending a seven-month period in which OPEC saw the nation falling short of its agreed curbs. The second-largest producer in the Organization of Petroleum Exporting Countrie
Read MoreState-run SOMO mulls shift in Asian pricing to Dubai exchange OPEC’s second-largest producer seeks feedback by end of August OPEC’s second-largest producer is stepping up the campaign to get more for its oil by looking to revamp the way it sells crude to its biggest customers. Iraq is considering plans to use a new reference price for sales to Asia, according to traders,
Read MoreBAGHDAD — On July 21, farmers complained about a gas pipeline dredging their farmlands. The pipeline carries gas from Iran to Baghdad through Bismayah, which is located in southeast Baghdad. Meanwhile, reports on May 22 revealed that the pipeline caused damage to an archaeological site under which it passes. On March 17, 2016, Iran announced the completion of a
Read MoreIraqi Planning Minister Salman al-Jumaili (L) and Prime Minister Haider al-Abadi pose for a picture at the UN secretary-general's office during the annual UN General Assembly, Sept. 30, 2015, in New York, New York. (photo by KENA BETANCUR/AFP/Getty Images) Iraqi Minister of Planning Salman al-Jumaili, in an interview with Al-Monitor from his office in Baghdad, said that his
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