10 months ago
Iraq and Turkey Formalize Water Project Deal
Iraq and Turkey have made a new agreement about water.
Iraq doesn't have enough water, and the rivers that supply much of its water start in Turkey.
Under this deal, Turkish companies will help build things like dams to collect water and projects to make more land usable in Iraq.
The money for these projects will come from the money Iraq makes selling oil to Turkey.
This is a more detailed plan based on an agreement they made last year.
It's part of an effort to improve how the two countries work together.
Iraq and Turkey signed a deal on Sunday to formalize a water cooperation mechanism.
Turkish companies will carry out water infrastructure projects in Iraq.
The projects will be financed by revenue from Iraqi oil sales to Turkey.
The first phase includes three water-harvesting dams and three land reclamation projects.
This agreement aims to address Iraq's water scarcity and follows a broader accord signed in April 2024.
- Who
- Iraq and Turkey
- What
- Signed a deal formalizing an implementation mechanism for a water cooperation accord, with Turkish firms undertaking water infrastructure projects financed by Iraqi oil revenue.
- Where
- Baghdad
- When
- Sunday
- Why
- To address Iraq's water scarcity issues, as key rivers flow from Turkey and to renew cooperation.
Key facts
- Agreement Type
- Water Cooperation and Infrastructure Projects
- Financing Mechanism
- Revenue from Iraqi oil sales to Turkey
- Initial Projects
- Three water-harvesting dams and three land reclamation projects
- Framework Agreement Date
- April 2024
- Key Rivers Involved
- Tigris and Euphrates
Quotes
The Turkish official
An unnamed official from Turkey who provided information about the deal.
“Iraq and Turkey on Sunday signed a new agreement that will see Turkish firms undertake water infrastructure projects in Iraq, financed through revenue from Iraqi oil sales to Turkey.”
firstpost.com
“Payments for these projects will come from proceeds of Iraqi oil exports to Turkey.”
firstpost.com
An Iraqi water resources official
An unnamed official from Iraq's Ministry of Water Resources.
“The first phase of the initiative is expected to include three water-harvesting dams and three land reclamation projects.”
firstpost.com
