A parliamentary committee reveals: An Iraqi delegation will head to Iran to negotiate the passage of oil tankers.
Member of Parliament’s Security and Defense Committee, MP Ahmed Al-Khazali, revealed on Thursday that an Iraqi delegation of political leaders representing different groups will head to Iran to negotiate the passage of oil tankers. History
Al-Khazali said in his interview with the program “Openly,” which is broadcast by Al-Sumaria TV, that “Iraq is facing a clear economic problem as a result of the developments of the war and its impact on oil exports, noting that the country’s heavy reliance on oil revenues has made the economy more affected by the current crisis.”
He explained that “Iraq needs about 8 trillion dinars per month to cover the needs of employees,” considering that “the continued reliance on oil and the failure to diversify revenues during the past years was a mistake whose effects have appeared with the current crisis.”
Al-Khazali confirmed that “employees’ salaries are secured according to the statements of the Minister of Finance, but he acknowledged the existence of economic pressure that necessitates searching for solutions and alternatives in the event that the Strait of Hormuz crisis continues.”
In response to a question about the possibility of leveraging Iraq’s relationship with Iran to obtain an exemption allowing the passage of ships loaded with Iraqi oil, Khazali revealed the formation of a committee comprising political leaders from various Iraqi factions, saying that it “will go to the Islamic Republic and negotiate according to this vision,” stressing “the need to reach a quick solution.”
He pointed to “the growth in revenues from border crossings, but stressed that they alone cannot compensate for oil revenues,” noting “the importance of accelerating oil exports via the Ceyhan pipeline with a capacity of up to 750,000 barrels.”
He added that “there are small quantities of Iraqi oil passing through the Strait of Hormuz,” calling on the government and the Ministry of Finance to “put in place alternatives to address the crisis and ensure the state’s financial obligations, foremost among them the salaries of employees.”
He stressed that “the House of Representatives has begun exploring ways to diversify revenue sources, by hosting the Ministers of Industry, Trade, Agriculture and Oil and discussing ways to activate the economic and investment sectors and reduce dependence on oil.”
Burathanews.com