EU hails agreement of Baghdad-Erbil over oil exports

Baghdad (IraqiNews.com) The European Union hailed the agreement reached between the Central Government and the Kurdistani Regional Government over the oil exports recently.

A statement by the High Representative, Vice President, Federica Mogherini, received by Iraqi News cited “The agreement reached yesterday between the federal government of Iraq and the government of the Kurdistan Region on the transfer of revenues and oil between Baghdad and Erbil is a crucial development which ended a long dispute between the two entities.”

The statement added “All the parties involved have shown the leadership and willingness to compromise that was needed to resolve an issue of key importance at a critical time for the country. The agreement bodes well for further steps to promote dialogue and reconciliation within the framework of the constitution.”

“The EU will continue to support Iraqi efforts to preserve the unity, sovereignty and integrity of the country, achieve peace and security through a lasting political settlement, and to make progress towards a better future for all Iraqis,” the statement concluded. /End/