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Iraq and Turkey agree to build water projects using Iraqi oil revenue, boosting cooperation on shared rivers.
Iraq and Turkey have signed a landmark agreement to advance water infrastructure projects in Iraq, with Turkish companies to implement initiatives funded by revenue from Iraqi oil sales to Turkey.
The deal, building on a 2024 cooperation framework, establishes a joint committee to oversee three water harvesting dams and three land reclamation programs.
It marks a significant step in improving bilateral relations amid longstanding tensions over shared water resources from the Tigris and Euphrates rivers, which supply about 70% of Iraq’s water.
The agreement reflects growing regional cooperation on water management and infrastructure development.
Irak y Turquía acuerdan construir proyectos de agua utilizando los ingresos del petróleo iraquí, impulsando la cooperación en los ríos compartidos.