Erbil and Baghdad Reach Agreement on ASYCUDA System Implementation

Date:

Share post:

A technical delegation from the Kurdistan Region met officials in Baghdad to discuss the ASYCUDA customs system at Iraq’s border crossings. The talks focused on how to implement the digital system at all entry points.

Both sides approved a joint memorandum of understanding. They also agreed to continue discussions at higher government levels for final approval.

The Kurdistan delegation included representatives from customs, trade, taxation, agriculture, industry, and quality control. They held detailed talks with Baghdad officials on system operations and coordination methods.

Officials described the meeting as positive and constructive. They said it helped reduce disagreements over border management systems.

A member of the Kurdistan delegation said the two sides reached a technical agreement on ASYCUDA. He confirmed that companies and industrial sectors can now register in the system.

He also said some issues remain open. The Higher Economic Council will decide on them later.

One key issue involves ASYCUDA accounts in the Kurdistan Region. Officials still debate whether to keep them separate or merge them with Iraq’s federal system.

Despite these issues, both sides confirmed strong understanding between Erbil and Baghdad. They emphasized continued cooperation on economic matters.

The memorandum will now go to the Higher Economic Council for review. The council will study the remaining technical points and take a final decision.

Officials said ASYCUDA will modernize customs procedures across Iraq. It will also increase transparency and reduce delays at border crossings.

They added that the system will improve coordination between regional and federal authorities. It will also help increase revenue collection.

Once approved, the agreement will support smoother trade flows. It will also strengthen economic cooperation between Erbil and Baghdad.

Related articles

Darin Group Launches DC Towers Project in Erbil as a New Architectural and Eco-Friendly Landmark

Darin Group has announced its new residential project, “DC Towers,” in Erbil. The company presents it as a...

Baghdad and Erbil Near Agreement on Digital Customs System and Revenue Sharing

The Kurdistan Regional Government (KRG) and Baghdad are close to a major agreement on customs reform. They have...

Egg Prices Drop to 25,000 IQD per Carton in Kurdistan Region

Egg prices in the Kurdistan Region have fallen sharply, with the cost of one carton dropping to 25,000...

Two Key Factors Behind the Iraqi Dinar’s Decline Against the US Dollar

Economic experts have linked the recent decline of the Iraqi dinar against the US dollar to two main...