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 US officials visit Kurdistan to promote Iraq's business gateway

 Source : KRG 
  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 


US officials visit Kurdistan to promote Iraq's business gateway 5.3.2007

 

March 5, 2007

Erbil, Kurdistan region (Iraq),-- Paul Brinkley, US Deputy Under Secretary of Defense for Business Transformation, on Thursday visited the Kurdistan Region with a delegation to explore ways to attract business to Kurdistan and other parts of Iraq.

Mr Brinkley visited Kurdistan 10 days after Frank Lavin, Under Secretary of Commerce for International Trade, came to the Region to promote business opportunities in Iraq.

Minister Falah Mustafa Bakir, Director of the Kurdistan Regional Government’s (KRG) Office of Foreign Relations, said, “It was encouraging to see two delegations from the US and receive representatives of the Department of Defence, Department of State, universities, and the banking and construction sectors.

This was a good opportunity for the KRG, the local business community and chamber of commerce to exchange views with the US delegation and the American Chamber of Commerce.

Mr. Paul Brinkley, US Deputy Under Secretary of Defense for Business Transformation

He added, “We value such initiatives and are confident that by working together we will be able to achieve positive results to help rebuild the Kurdistan Region and Iraq as a whole.”

Mr Brinkley came to Kurdistan with over 50 officials, business representatives and experts in logistics, finance, engineering, petrochemicals, power generation, agriculture and factory management.

The delegation met senior KRG officials including the ministers for Planning, Agriculture, Finance, Trade, Office of Foreign Relations, as well as the Head of the Investment Board, the Governor of Erbil and President of the University of Salahaddin. They visited the university, Erbil’s ancient citadel, Qaisaria bazaar and the new Nishtiman shopping mall.

Ten days earlier, Under Secretary of Commerce Frank Lavin came to the Kurdistan Region to launch “Iraqi Business Gateways”, a series of talks aimed at promoting private investment in Iraq. “All societies need job creation, business expansion, new opportunities," he said. "We think by working together and sharing ideas we can help Iraq down that path of economic growth and progress.”

While the Kurdistan Region’s economy has grown significantly since 2003, there is untapped potential in agriculture, tourism, construction and other sectors. Mr Lavin discussed with senior KRG and Iraqi officials how to highlight Kurdistan as the gateway for companies to expand to other parts of Iraq.

He met Deputy Prime Minister Omer Fattah, the ministers for Trade and for Planning, the Chairman of the Investment Board, the Director of the Office of Foreign Relations, other KRG and Iraqi government officials and the local business community.

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