According to a statement made by Ministry of Trade, Iraq yesterday, the operating license of the Turkish business companies which were active in the country has been topped. The licenses have been halted and they will remain so until further notice and an inspection will be conducted and arrangements are being made in connection with those licenses. This fact has been revealed by the written statement provided by the ministry.
From this statement it is not clear if the Turkish companies which are doing business in northern region of Iraq controlled by the Kurdistan Regional Government will be affected or not. The main activity of the Turkish companies is in northern Iraq and this region has become a trade partner to Turkey.
This decision has come in relation to the disobeying of a court verdict by the fugitive Vice President of Iraq Tariq al-Hashemi. He is currently residing in Turkey and has been sentenced to death by a court of Iraq on the accusations of running death squads in Iraq. He has also denied returning home until he gets security and a chance of fair trial.
Turkish government has denied giving up al-Hashemi and this particular step is building up tension between the two countries.
Source [AZ News]