CHANNEL8
"A political agreement exists among most blocs to pass the law in coordination with the government," confirmed Council of Representatives member Adel Al-Mahlawi.
Read more: https://channel8.com/english/news/65302
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๐ฎ๐ถ๐ฅ IRAQ REACHES POLITICAL CONSENSUS ON OIL & GAS LAW! ๐ข️๐️
A major development is emerging from Iraq:
๐ข Council of Representatives member Adel Al-Mahlawi confirmed that most political blocs have reached an agreement to pass the Oil & Gas Law in coordination with the government.
⏳ This legislation has been stalled for nearly 20 years, making this reported political consensus especially significant.
๐️ The law aims to establish clearer federal rules for:
๐ข️ Oil & gas management
๐ฐ Revenue distribution
๐ค Baghdad–Kurdistan relations
๐ Investment and energy development
⚠️ Important: The law has NOT yet been passed. Political agreement is a major step, but the parliamentary process still needs to be completed.
๐ While this is not the “Delete the Zeros” project, it represents another potentially important development in Iraq’s broader economic and financial restructuring.
๐ฎ๐ถ๐ต Iraq continues moving toward greater economic organization and international financial integration.
๐ฅ THE NEXT STEPS ARE WHAT MATTER!
๐๐ข FOLLOW & JOIN OUR COMMUNITY
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