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Kurdistan Region welcomes US business delegations
24.6.2008
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June
24, 2008
Erbil-Hewler, Kurdistan region "Iraq", — The
Kurdistan Regional Government welcomed two large
American business delegations for three days of
meetings with local government and business leaders.
The delegations from the US Department of Commerce,
led by Deputy Secretary John J. Sullivan,www.ekurd.net
and the US Chamber of
Commerce include 28 representatives from US
companies – the largest American business delegation
ever to visit the Kurdistan Region.
The delegations were warmly welcomed in Erbil by
Kurdistan Regional Government (KRG) officials: Mr
Herish Muharram, Chairman of the Investment Board of
Kurdistan; and Mr Falah Mustafa Bakir, Head of the
Department of Foreign Relations; and Mr Karim
Sinjari, Minister of State for the Interior. |

American business delegations in Iraqi Kurdistan. |
To assess the Kurdistan Region's current environment
and its needs, the delegations met Deputy Prime
Minister Omer Fattah and several ministers,
including the ministers for agriculture, electricity
and planning.
Ms Nawroz Mawloud Mohamad Amin, the Kurdistan
Investment Board's Director-General, said, "The
Kurdistan Region is ripe for investment in many
sectors, and we are here to help make the process
easier for foreigners as well as locals.” She added,
"The delegation will also be able to explore
business opportunities with local companies, such as
members of the Erbil, Sulaimaniyah and Duhok
Chambers of Commerce."
Prime Minister's Nechirvan Barzani's government has
taken steps to make investing in the region easier
for foreign businesses. In July 2006 the Kurdistan
National Assembly (parliament) passed the Kurdistan
Region Investment Law, one of the most liberal
investment laws in the Middle East.
Minister Falah Mustafa Bakir, the KRG's Head of
Foreign Relations, said, "The KRG has created a safe
and secure environment for foreign investors to
enter the Iraqi market. The presence of the US
delegations make clear that the Kurdistan Region of
Iraq is open for business. We welcome and encourage
US investment in our region and are eager to explore
how we can deepen and expand our economic ties with
the United States."
The two groups will meet local and international
business
representatives and tour sites in or near Erbil,www.ekurd.net
the capital city. The
KRG has previously hosted business delegations from
Italy, Austria,Sweden Japan, the UK, Poland and
other countries.
Copyright, respective author or news agency, krg org
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