Iran president arrives in Iraqi Kurdistan on day two of visit

Nechirvan Barzani (R), the regional president of Iraqi Kurdistan, welcomes Iranian President Masoud Pezeshkian in Iraq's Kurdish regional capital Arbil upon his arrival from Baghdad on September 12, 2024. (AFP)
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Updated 13 September 2024
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Iran president arrives in Iraqi Kurdistan on day two of visit

  • It is Pezeshkian’s first foreign trip abroad since he took office in July
  • Tehran in 2022 repeatedly carried out strikes on armed groups in Kurdistan

Irbil: Iranian President Masoud Pezeshkian arrived Thursday in Iraqi Kurdistan to meet the autonomous region’s leaders, on the second day of a visit aimed at deepening ties with the neighboring country.
It is Pezeshkian’s first foreign trip abroad since he took office in July.
Stepping off his plane in Irbil, the capital of Iraqi Kurdistan, Pezeshkian was welcomed by regional president Nechirvan Barzani on a red carpet lined with Kurdish Peshmerga forces standing at attention with rifles at their sides.
Pezeshkian held talks with Barzani and Kurdistan’s prime minister, Masrour Barzani, before heading to Sulaimaniyah, a city where the Patriotic Union of Kurdistan (PUK) political party wields influence including in the local security services.
On Wednesday, the first leg of his three-day visit, Pezeshkian announced in Baghdad the signing of more than a dozen agreements to strengthen ties between Iran and Iraq.
His trip comes at a time of heightened tensions in the Middle East due to the war in Gaza, which has drawn in Iran-backed armed groups and complicated Iraq’s relations with the United States.
Iran’s ties with Iraqi Kurdistan have improved in recent months, aided by efforts to neutralize Iranian Kurdish opposition groups, which have long operated in the region.
Tehran in 2022 repeatedly carried out strikes on armed groups in Kurdistan, before Iraq in March 2023 signed a security agreement with Iran. Baghdad committed to disarm these groups and relocate them from border areas to camps.
“We have succeeded... in regulating the security situation in the border areas,” Iraqi Prime Minister Mohamed Shia Al-Sudani said on Wednesday, reiterating Iraq’s refusal to allow any acts of aggression to be launched against Iran from its territory.
Iran had accused the Iranian Kurdish opposition of smuggling weapons from Iraq and launching attacks on its security forces.
It also accused these movements of fueling protests that shook Iran after the September 2022 death of Mahsa Amini, an Iranian Kurd arrested by the morality police.


Syria’s growth accelerates as sanctions ease, refugees return

Updated 06 December 2025
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Syria’s growth accelerates as sanctions ease, refugees return

  • Economy grows much faster than World Bank’s 1% estimate, fueling plans for currency’s relaunch

NEW YORK: Syria’s economy is growing much faster than the World Bank’s 1 percent estimate for 2025 as refugees flow back after the end of a 14-year civil war, fueling plans for the relaunch of the country’s currency and efforts to build a new Middle East financial hub, central bank Governor AbdulKader Husrieh has said.

Speaking via video link at a conference in New York, Husrieh also said he welcomed a deal with Visa to establish digital payment systems and added that the country is working with the International Monetary Fund to develop methods to accurately measure economic data to reflect the resurgence. 

The Syrian central bank chief, who is helping guide the war-torn country’s reintegration into the global economy after the fall of Bashar Assad’s regime about a year ago, described the repeal of many US sanctions against Syria as “a miracle.”

The US Treasury on Nov. 10 announced a 180-day extension of the suspension of the so-called Caesar sanctions against Syria; lifting them entirely requires approval by the US Congress. 

Husrieh said that based on discussions with US lawmakers, he expects the sanctions to be repealed by the end of 2025, ending “the last episode of the sanctions.”

“Once this happens, this will give comfort to our potential correspondent banks about dealing with Syria,” he said.

Husrieh also said that Syria was working to revamp regulations aimed at combating money laundering and the financing of terrorism, which he said would provide further assurances to international lenders. 

Syria’s central bank has recently organized workshops with banks from the US, Turkiye, Jordan and Australia to discuss due diligence in reviewing transactions, he added.

Husrieh said that Syria is preparing to launch a new currency in eight note denominations and confirmed plans to remove two zeroes from them in a bid to restore confidence in the battered pound.

“The new currency will be a signal and symbol for this financial liberation,” Husrieh said. “We are glad that we are working with Visa and Mastercard,” Husrieh said.