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Turkey Tops Kurdistan Region's Trade List
28.4.2010
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Turkey has $9b investments in Iraq's Kurdistan
April
28, 2010
ERBIL-Hewlęr,
Kurdistan region 'Iraq', — Trade in the Kurdistan
Region of Iraq continues to grow, with Turkey
topping the list as number one importer to the
Region. Turkish Consul General Mehmet Aydin Selcen
estimates Turkey's investment in the Region at $9
billion.
Approximately 80 percent of total goods sold in the
Kurdistan Region come from Turkey, according to the
Financial Times. Turkey also accounts for 55 percent
of foreign companies registered in the Region.
"We want that the relations between both parties
improve and that the Region becomes more peaceful,"
General Mehmet Aydin Selcen said. "On this way we
want to make this border Region a centre for trade
and transport," he added.
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Mehmet Aydin Selcen, the Turkish Consul General in
Kurdistan Region |
Already a strong
economic relationship with Turkey in place, the
Kurdistan Regional Government is now seeking
additional opportunities outside the Middle East to
further develop the economy.
"We have planned to expand our trade relationships
with the European industrial states and U.S.
companies to import goods and equipments due to high
qualities of their goods," Kurdistan Import and
Export Association Chief Mustafa Abdul Raman said.
The Kurdistan Import and Export Association also
intends to send a delegation to France to negotiate
deals for selling French products in the Kurdistan
Region.
About the Kurdistan Regional Government
The Kurdistan Region is an autonomous region in
federal Iraq. With a population of currently around
4 million and rapidly increasing, the three
governorates of Duhok,www.ekurd.netErbil
and Sulaimaniyah cover approximately 40,000 square
miles. The Kurdistan Region is considered to be the
safest, most stable Region in Iraq, and it is host
to an ever expanding number of commercial and trade
initiatives. For more information, please visit
www.krg.org.
Source: Kurdistan Regional Government
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