UK, Japan to co-chair Iraq Economic Contact Group

ERBIL, Kurdistan Region - The UK on Monday became the co-chair, alongside Japan, of the Iraq Economic Contact Group (IECG), a body aimed at supporting the Iraqi government in enacting reforms. The announcement was made in a statement posted by the UK embassy to Iraq, adding that G7 countries, the World Bank, and the European Union (EU) had met on Saturday to launch the joint

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Iraq pockets $11.5 billion in June oil revenue, setting another record

ERBIL, Kurdistan Region - The Iraqi oil ministry said late Friday that it collected $11.5 billion in oil revenue last month, setting a third high record this year. In its monthly report, the ministry revealed that the country exported nearly 101.2 million barrels of crude oil in the month of June, with an average export rate of 3.3 million barrels per day. The oil sales

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