Iraqi Federation of Trade Unions

The World

The World – Episode 20071101 – Iraqi Oil Law

The World’s Quil Lawrence reports that Iraqi oil production remains mired in a confusing legal tangle. The central government in Baghdad is hoping to pass a new law that would open the way for new oil production involving international companies. But the regional government in Iraq’s northern Kurdish region didn’t wait for that. It signed its own deals with companies and started production. It says it has the right to do so under Iraq’s constitution.