Oil laws not likely before January election
Parliament likely to approve income tax on foreign oil firms, long-awaited package of oil-related laws will be up to the next government due to elections and politics-as-usual.BAGHDAD - The four interrelated draft bills aimed at modernizing Iraq’s oil sector will likely continue their three-year limbo until after the January national elections, when a new government is formed and a new Parliament seated.
The laws could end rancor between parties and allow for both short-term cash and long-term strategic development of Iraq's only cash crop.
This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription.
If you are not a registered user, you may purchase a subscription.
