February 27, 2007

New Plan in Iraq

No, this has nothing to do with the war effort. The Iraqi Cabinet approved a new legislation today that manages the country's vast oil industry, as well as distributes its wealth to many portions of the population. This is a major breakthrough in U.S. efforts to push the country's Shiite, Sunni and Kurdish groups to reach agreements and overall stability.

The plan calls for revenues to be distributed to all 18 provinces based on their given population. This plan solves the problem that have had Sunni provinces nervous, since most of Iraq's oil is in the Kurdish north and Shiite south. Prior to this legislation, Sunni Iraq feared being cut out of a fair share.

This is a huge step (yet another) for the people in Iraq as their elected representatives are working to pass legislation. We are close to victory as we are continually seeing positives in the country that has been torn for over 25 years. With Iraq's economy now beginning to pick up speed, more and more people will begin to come to the table and become a part of the new beginning. The future is bright.

posted by Carl Soderberg at 12:54 AM

1 Comments:

Anonymous Kelly said...

Its good to keep hearing the positives of our combined efforts in Iraq...God knows I don't seem to catch on the news in its entirety.

For the record, I think I did hear a blurb about this, but it wasn't much of a detailed description and mentioned nothing of the division of profits or the passing of it through the Iraqi legislation.

I feel proud to say that we are getting the job done in Iraq.

February 28, 2007 7:08 AM  

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