Baghdad and KRG Move Toward ASYCUDA Customs Integration as Final Agreement Nears Signing
A high-level delegation from the Iraqi federal government is expected to visit the Kurdistan Region in the coming days to finalize and sign an agreement to implement the ASYCUDA customs automation system, following progress in negotiations between Erbil and Baghdad on customs integration and trade procedures.
Iraq Has 1,050 Licensed Tourism Companies
The Iraqi Tourism Board has deployed monitoring teams at checkpoints between Iraqi provinces and the Kurdistan Region to prevent the activities of fake tourism companies. Official companies found violating regulations may face fines of up to 500,000 dinars.
28/05/2026
Cost of Importing Goods From China Has Increased by 200%
The impact of the closure of the Strait of Hormuz has begun to affect the Kurdistan Region, with the cost of importing goods and materials rising sharply.
25/05/2026
Turkey Aims to Boost Iraq Trade to $30 Billion
Anil Bora Inan, the Turkish ambassador to Iraq, stated that his country is working to raise the level of bilateral trade with Iraq to around $30 billion annually.
25/05/2026
Golden Season for Local Agricultural Produce Begins in the Kurdistan Region
A portion of agricultural produce in the Kurdistan Region has ripened, while wholesale traders in Erbil are urging the Ministry of Agriculture and Baghdad to lift the ban on exporting produce to central and southern Iraq.
25/05/2026
Following Channel8 Investigation, Kurdistan Region Halts Tax Collection From Factories
Following a Channel8 investigation into the illegal collection of taxes and duties from factory owners, the Kurdistan Regional Government decided to resume implementation of the tax amnesty law.
24/05/2026