CSTO states express serious concern over terrorist threat in Afghanistan
Armenia refuses to host Eurasian Economic Union summit
COMMENT: Trump 2.0 could be a blessing for Belarus
COMMENT: The EU’s Internal Security Framework is unfit for Cold War 2.0
The world has passed peak per capital CO₂ emissions, but over emissions are still rising
Putin’s bodyguards are working food delivery and taxi jobs as wage stagnate
Investigation shows Russian money channeled to Romanian media and conspiracy theorists
Russia's robot industry struggles
Putin juggles a “friendly” state visit to Kazakhstan with chilling missile threats for Ukraine
Fico boasts about Putin’s invitation to Moscow Victory Day Parade
Tusk calls for unity against Russia, proposes Baltic Sea policing mission
Zaluzhnyi leads Ukrainian presidential poll
Gas prices rising as EU storage tanks empty faster than usual
EBRD warns of risks for emerging markets pursuing industrial policies
Czech PMI drops to 46 in November
Kretinsky close to Royal Mail deal after concessions to UK government
US Vista shareholders approve sale of Kinetic to Czechoslovak Group
Moody's changes outlook on Hungary sovereign rating to negative
Varga to lead Hungarian central bank from spring 2025
Hungarian debate on euro adoption resurfaces as forint weakens further
Poland’s insurance giant PZU to sell Alior Bank stake to Bank Pekao
Polish PMI disappoints by straying further from growth line in November
Polish inflation eases expansion rate to 4.6% in November, flash estimate shows
Slovak foreign minister culls diplomatic staff
Charges may be dropped against scandal-hit Slovak central bank governor
Central European countries least likely in the EU to prioritise climate change
Albanian police use tear gas to disperse anti-government protesters
Albania considers TikTok, Snapchat ban after fatal school stabbing
Watchdog warns Western Balkan banks are conduits for money laundering
PPF mulling bid for United Group's telecom assets in Southeastern Europe
Serbian President Vucic optimistic on relations with Trump-led US after first phone call
Bulgaria’s full Schengen accession to bring in an annual €833mn
Bulgaria loses out on EU funding after political instability stalls reforms
Bulgaria's Ampeco raises $26mn in Revaia-led Series B funding
Studenac cancels planned €80mn IPO citing unfavourable market conditions
Croatian government struggles to restore trust in healthcare system after minister’s arrest
Eight arrested over terrorist attack on water canal in Kosovo
Explosion on Zubin Potok canal escalates tensions between Kosovo and Serbia
Kosovo takes first steps towards establishing defence industry
Gazprom reportedly conditions gas supplies to Moldova on $708mn claim
UAE arrests three Uzbeks in Rabbi Kogan murder
Moldova to face tough winter if Gazprom stops supplying free gas to Transnistria
Montenegro probes suspected plot to assassinate President Milatovic
North Macedonia gets new eco-bus fleet as fuel crisis causes transport chaos in capital
Fuel crisis causes chaos for Skopje public transport
Social Democrats win Romania's general election but radical rightwing parties perform strongly
Romania’s public debt reaches 54.4% of GDP
Serbia's industrial production posts double-digit growth in October
Chinese innovation park plans business centre in Serbia
Turkey releases official November inflation at 47% y/y
ISTANBUL BLOG: How smugglers give the lie to Simsek's "golden glamour"
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INTERVIEW: Asian Infrastructure Investment Bank financing Central Asia’s green future
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Corruption probe launched into Armenian satellite project
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Azerbaijani diplomat detained with 70kg of gold in Turkey
Azerbaijani and Iranian forces begin joint border exercises
COP29 ends in failure
Protests in Tbilisi intensify amid violent crackdown
Police brutality reaches new heights as Tbilisi is rocked by protests for fourth night running
Georgia’s heart beats on Rustaveli Avenue
Georgian government hit by wave of civil dissent as resistance movement snowballs
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COP29: Central Asian states losing arable land
Hit indirectly by sanctions, Mongolia struggles to find workarounds
HESS: Mongolia’s unique success story between rock and a hard place at risk
Mongolia copper-gold discovery hailed for “globally significant” prospects
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Russia's budget oil breakeven price world’s second lowest as oil revenues recover
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Rain, rain go away
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Kenya’s untapped mineral wealth holds the promise of economic transformation
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Libya’s mineral riches: unlocking a future beyond oil
EBRD announces profit of €2.1bn in 2023
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Ukraine claims it was behind massacre of Wagner Group mercenaries in Mali
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Hajj aftermath: deaths, disappearances and detentions spark investigations across world
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Tunisian President Kais Saied re-elected for second term
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Climate crisis-driven global food security deteriorated between 2019 and 2022 and is even affecting the US
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China unveils $71bn swap facility to revitalise flagging economy
Buffett's Berkshire Hathaway makes waves with $1.9bn yen bond sale
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Southeast Asia’s rising energy demands and what lies ahead
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PANNIER: The great mirage that is the TAPI gas pipeline
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Indonesian analysts favour Kamala Harris’s economic policies as the US votes
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Iraqi factions in Syria’s Aleppo to counter anti-government forces
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TEHRAN BLOG: Why a Trump win may not be good for Israel
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Arab League backs Iraq's request for emergency meeting over Israeli threats
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Colombia seeks BRICS membership, deepens Russia ties during Moscow talks
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COMMENT: From Globalisation to “slowbalisation” as FDIs decline on trade and geopolitical woes
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Iranian President Masoud Pezeshkian arrived in Erbil on September 12 morning, marking the first-ever visit by an Iranian head of state to Iraq's Kurdistan Region.
Pezeshkian was greeted at Erbil International Airport by Nechirvan Barzani, President of the Kurdistan Region, along with other high-ranking Kurdish officials.
The Iranian leader's visit to Erbil is part of his broader trip to Iraq. During his stay, Pezeshkian is scheduled to hold talks with President Barzani and Prime Minister Masrour Barzani. He met with Masoud Barzani, leader of the Kurdistan Democratic Party, as well as other political party leaders in the region. The Iranian president's visit to the Kurdistan Region is heavily focused on boosting economic and trade ties, with three key economic officials accompanying him.
The Iranian delegation includes Farzaneh Sadegh, Minister of Roads and Urban Development, Abdolnaser Hemmati, Minister of Economy, and Mohammad Reza Farzin, Governor of the Central Bank of Iran.
According to unofficial data, nearly 80% of goods in Kurdistan Region markets are imported from Iran, particularly in Sulaymaniyah and Halabja provinces. Also, 500 Iranian companies and factories operate in the region, comprising 350 companies and 150 factories, local Kurdish Channel 8 reported.
Mustafa Sheikh Abdulrahman, President of the Kurdistan Region Importers and Exporters Union, said that annual trade between the Kurdistan Region and Iran ranges from $6 to 7bn. Estimates suggest trade reached $3.5bn in the first six months of 2024.
"The Kurdistan Region and the Islamic Republic of Iran share eight border crossings, four of which are official: Bashmakh, Parvizkhani, Haji Omaran, and Shushmi," a local official stated. "The other four are secondary crossings."
The land border between the Kurdistan Region and Iran stretches approximately 650 kilometres and has several border crossings, both formal and informal.
This landmark visit is seen as a significant step in Iran-Kurdistan relations, potentially opening new avenues for cooperation between Tehran and Erbil.
In the video at Irbil airport, Pezeshkian who has some Kurdish ancestry on his mother’s side is seen talking to Barzani.
The visit comes at a time of evolving regional dynamics, with observers keenly watching for any signs of shifting alliances or new diplomatic initiatives in the Middle East.
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