Iraq/Kurdistan: Here's What The Big Iraqi-Kurdish Oil Deal Really Means

Dec 4, 2014 | Michael Knights, Business Insider
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Leaders in Baghdad and Iraqi Kurdistan have taken a brave step toward reunifying the country through revenue sharing. The United States should support implementation of the deal.

On December 1 and 2, the federal Iraqi government and Kurdistan Regional Government (KRG) conducted three rounds of negotiations in Baghdad over the sharing of oil revenues in the 2015 budget.

The talks marked the culmination of three months of intensifying discussion between federal and Kurdish leaders, which followed more than a year of U.S.-supported discussions between the two sides.