Kurdistan’s President Barzani arrived in Baghdad today to meet with Prime Minister Maliki and to resolve the outstanding issues holding up the 2014 Budget. Where it had looked like all of those…issues were resolved a few weeks back here came yet another issue. The Kurds announced they were ready to export oil through Turkey to the worlds market place. It seemed that Maliki and Barzani had it too all worked out right before the end of 2013 but Deputy Prime Minister for Energy Hussain al-Shahristani stepped in and stopped the deal causing yet another chaos to occur. 
Well it seems that Barzani’s visit today worked as some breaking news has just come out of Iraq, Deputy Prime Minister for Energy Hussain al-Shahristani is in an agreement with the Kurdistan Regional Government to export of oil, according to a unified mechanism. This unified mechanism will allow the export of oil and within a few days we should see the 2014 Budget back on track which means we could be looking a stop to all delays in Economic Reform.