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 US Chamber of Commerce seeks business opportunities in visit to Iraqi Kurdistan Region

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

 


US Chamber of Commerce seeks business opportunities in visit to Iraqi Kurdistan Region  5.2.2009

 



February 5, 2009

Erbil-Hewler, Kurdistan region 'Iraq', — The US Chamber of Commerce is conducting a five-day visit to the Kurdistan Region in Iraq this week.

The delegation includes American businessmen in many fields looking to the Kurdistan Region in Iraq for mutually beneficial trade and investment opportunities.

Security and economic growth have allowed the Kurdistan Region in Iraq to credibly engage international business partners in several key sectors.
Kurdistan Regional Government (KRG) Prime Minister Nechirvan Barzani has taken considerable steps to improve transparency, boost the capacity of local industry, and improve infrastructure to make the Region fertile for foreign direct investment.

Minister Falah Mustafa Bakir, Head of the KRG Department of Foreign Relations, welcomed the delegation at a gala dinner at Martyr Saad Abdulla Convention Centre. “The Kurdistan Region is open for business. We in the Kurdistan Region and throughout Iraq are looking ahead as we rebuild our economy and infrastructure.” He added,
www.ekurd.net “So I invite American firms to help us bring forth a bright and prosperous future here in the Kurdistan Region, as a gateway to the rest of Iraq.”

Ambassador Marc Wall, Counselor Minister of the office of Economic Transition Initiatives at the US Embassy in Baghdad, was the keynote speaker. He said that Iraq needs a strong private sector, which in any society is a source of prosperity, sustainable employment and the delivery of goods and services.

Mr Qubad Talabani, the KRG Representative to the US, accompanied the delegation. He said, “This is another indicator of the increasing level of cooperation between the US Government, the US private sector, and the Kurdistan Region in Iraq. I am particularly pleased that the US Embassy sent Ambassador Wall to the Kurdistan Region to accompany this important business delegation.”

The visit was organised by the US Chamber of Commerce’s Kurdistan Region in Iraq Investment Task Force, in coordination with the Kurdistan Federation of Chambers of Commerce and Industry. Mr Aram Zamgochian, of the US Chamber’s Task Force, urged American businesses to move beyond discussion and towards action and implementation in the Kurdistan Region.

The gala dinner was attended by KRG officials,
www.ekurd.net US Chamber of Commerce and Erbil Chamber of Commerce representatives, foreign diplomatic representatives, local and international firms, and senior US diplomatic and reconstruction officials based in Baghdad and Erbil.

The delegation will also visit Sulaimaniyah, and is meeting with the governorate’s Chamber of Commerce and Industry, government officials and local business leaders.

Copyright, respective author or news agency, krg org

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