New Iraqi Kurdish government will deepen federal ties

Significance

Barzani arrived in Baghdad less than a week after his cabinet was ratified. All portfolios except the KRG oil ministry are now filled after months of deadlock.

Impacts

• The Barzani-led KDP will run all key portfolios in the Kurdistan Region.
• Some limited improvements in governance will be apparent.
• The KRG will allow Baghdad to market 250,000 barrels per day of Kurdish crude in 2020.