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Saturday, September 20, 2025

From Baghdad to New York: Iraq’s President Joins UNGA 80

 The President of the Republic heads to America

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- President of the Republic, Abdul Latif Jamal Rashid, headed to the United States of America today, Saturday (September 20, 2025), to participate in the meetings of the United Nations General Assembly in New York.

The media department of the Presidency of the Republic stated in a statement received by "Baghdad Today" that "President of the Republic, Abdul Latif Jamal Rashid, headed to the United States of America to participate in the meetings of the United Nations General Assembly in New York in its (80) session."

She added, "The President is heading an official delegation that includes Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein, Deputy Prime Minister of the Kurdistan Region Qubad Talabani, Minister of Health Saleh al-Hasnawi, Minister of Migration and Displacement Evan Faeq Jabro, and National Security Advisor Qasim al-Araji, in addition to a number of officials."


Türkiye agrees to resume Kurdistan oil exports, with companies selling for $16 per barrel.

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Oil expert Bahjat Ahmed confirmed on Saturday (September 20, 2025) that Turkey has agreed to resume exports of Kurdistan Region oil via the Turkish port of Ceyhan. He noted that the previous agreement signed between Baghdad and Ankara remains in effect until July 2026, allowing for the resumption of exports without legal or procedural obstacles.

Speaking to Baghdad Today, Ahmed said, "The previous agreement signed between Iraq and Turkey is valid until July 2026, and thus oil exports can resume. Ankara is also pressuring Iraq to resume exports via SOMO to ensure the renewal of the agreement with the Iraqi government." Institutional experts interpret this Turkish pressure as part of a broader effort to ensure continued economic returns and protect Ankara's energy interests in the region.

Ahmed added, "The tripartite oil agreement between Baghdad, Erbil, and foreign oil companies will go ahead this time, as it is beneficial to all parties. The oil companies will receive their financial rights in the form of oil, at a value of $16 per barrel. This is beneficial for the companies, as they will not have to wait to receive their rights, and it is also beneficial for the federal government, which will not pay money but oil, as it is facing a liquidity crisis." Independent research estimates indicate that this model of "in-kind payments" will ease the financial pressure on Baghdad and restore confidence to foreign companies.

An informed source reported on Friday that the three parties—the Kurdistan Region, the federal government, and the oil companies operating in the region—had reached an agreement paving the way for the re-export of the region's oil. In a statement followed by Baghdad Today, the source said, "A tripartite agreement has been reached between the regional government, the central government, and the oil companies," indicating that "the agreement is scheduled to be signed next week and enter into force in the coming days."

The source added, "The Ministry of Natural Resources in the region expressed its approval last night of the observations of the federal Ministry of Oil, and the two parties signed a memorandum of joint agreement." He pointed out that "the agreement stipulates that the region will retain 50% of the oil produced for domestic use, while the remainder will be exported through the State Oil Marketing Organization (SOMO)," noting that "the federal government will pay the oil companies' dues, and the price of the produced barrel was estimated at $16."

According to modern political approaches, the resumption of exports via Ceyhan is not merely an economic issue. Rather, it reflects a rebalancing of the balance between the center, the region, and Ankara in light of financial pressures and the need of the three parties for a balanced formula that preserves their shared interests.


Also if you didn't see the last episode of My FX Buddies  I show how the Turkish president will meet with Trump next week  so this may be happening for real!


Video update later tonight enjoy your Saturday!



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