Chattels

Chattels – Dinar Guru   Article quotes:  “Iraqi Oil Minister: Kurdistan produces half a million barrels of oil a day & none of its benefits go to the Federal Government. However, we are close to reaching an agreement with Erbil.”;  “The Ghadhban said that “optimistic to reach an agreement between the two sides,”stressing “We and the Kurdistan region in one ship, and we should reach an agreement.”  One question is whether the optimism expressed by Baghdad is shared by Kurdistan. Another question is whether the “agreement” is budgetary and for one year or is it a permanent agreement equating to the long awaited HydroCarbon Agreement.  Any permanent HydroCarbon Ageement will likely require amendment / clarification constitutionally.   …a budget law agreement, if fully performed/honored by both sides, could be a good beginning.

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