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Dara Jalil Khayat: Despite the obstacles, keep the Kurdistan Region on the economic status
Erbil, December 5 (PNA) - announced Dara Jalil Khayat President of the Federation of Chambers of Commerce and Industry in the Kurdistan Region; "Despite the obstacles that have emerged recently, enables the Kurdistan Region of maintaining economic and trade status, thanks to the stability in terms of security inside cities and Qbbath, and managed to be an important trade center in Iraq and the region. In an exclusive statement to the official website of the Kurdistan Regional Government, Dara Jalil Khayat pointed out that the terrorist threats and cut the Kurdistan Region's share of the budget by the previous government in Baghdad, was one of the main challenges in front of the Kurdistan Region, which pushed the region to think to pursue another method and put another plan to keep the economic situation, and through the benefit of the security and political stability, and interest in the private sector. He also pointed out that the support of the Government of the region for investment "was the best response in these circumstances. The presence of local investors in various sectors, by I can say that more than 70%, the prevention of a large vacuum inside the Kurdistan Region markets occur and that does not make the damage is relatively large compared with other regions of the Iraq ".
Because of the situation recently in Iraq and the Kurdistan Region as a result of regulation Daash terrorist threats, as well as due to cut the share of the Kurdistan Region of Iraq and not to the general budget of the region salaries Exchange, the Kurdistan Regional exposure to the financial crisis, which led to the suspension of many projects.
He described Dara Jalil Khayat agreement reached by the governments of Kurdistan and Baghdad's progress important region, and reiterated that this agreement will facilitate the way for commercial traffic and economic activities; and thanks to this agreement will be for Iraq and the Kurdistan Region strongest in world oil markets and economic status, even though the price of oil saw down now. He also said: "According to the forecast, it is unlikely to reach the Iraqi oil resources within five to six years to more than $ 300 billion."
Dara Jalil Khayat also stressed the need to focus on the holding of meetings and trade and economic visions, especially with those countries that have a long tradition in the trade and investment field. "He also pointed at the same time this agreement and meetings Kurdistan, Belarus, Hungary region gathered recently," which marked the beginning of of the most important steps in the future. "
Economic Forum and the Dubai Chamber of Commerce
In this regard also, Erbil branch of the Dubai Chamber of Commerce has organized an economic forum, in November 18 the past, in order to discuss the economic situation of the Kurdistan Region and the participation of foreign investors, the United Arab Emirates and private. Gentlemen attended the Governor of Erbil and the Italian consul at the Kurdistan Regional Chamber of Commerce and a representative of Germany significantly and a number of officials in the economic sphere and investors.
During this meeting the Governor of Erbil confirmed the return of commercial activities, praising the role of government in the region to support and encourage this kind of activity for the development of trade and investment sector and raise the level of the economy of the region better.
In the context of the forum, Dara Jalil Khayat said; "through attention to the industrial sector, the possibility of the Kurdistan Region and the Iraqi cities and neighboring countries to take advantage of industrial products such as iron and steel and cement."
In the arena and travel sector, new President of the Chambers of Commerce and Industry in the Kurdistan Region emphasized that "to take advantage of this sector could Kurdistan Region annually receive four to five million tourists through the completion of a new advanced projects."
For his part, Carmili Ficarra, the Italian consul at the Kurdistan Region: "Because of the situation through which Iraq and the Kurdistan Region and the region in general, has been postponed exposed Italians are important in the Kurdistan region, but we will resume our activities business in the Kurdistan Region in the near future." Ficarra and confirmed that the private sector for his country is waiting impatiently for the start of the economic and commercial activities in the Kurdistan Region.
At the same event, Rashid Al Mansouri, consul of the United Arab Emirates with the Kurdistan Region reiterated during his speech at the Forum that "the Kurdistan region of stable and secure places and enjoys the status of its own on the world's economic, so the country are thinking of achievement and of interest to a giant projects in Kurdistan Region. "
He renewed Rashid Al Mansouri emphasized that "the existence of Alپeshmrگh, the best guarantee for the progress of the economic sector in the Kurdistan region, because Alپeshmrگh garrison for security and stability in the region. It encourages the countries of the world to come to the region and the completion of the giant investment projects, calling on countries to accelerate the advantage of these opportunities and bring the best projects to Kurdistan. "
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Erbil, December 5 (PNA) - announced Dara Jalil Khayat President of the Federation of Chambers of Commerce and Industry in the Kurdistan Region; "Despite the obstacles that have emerged recently, enables the Kurdistan Region of maintaining economic and trade status, thanks to the stability in terms of security inside cities and Qbbath, and managed to be an important trade center in Iraq and the region. In an exclusive statement to the official website of the Kurdistan Regional Government, Dara Jalil Khayat pointed out that the terrorist threats and cut the Kurdistan Region's share of the budget by the previous government in Baghdad, was one of the main challenges in front of the Kurdistan Region, which pushed the region to think to pursue another method and put another plan to keep the economic situation, and through the benefit of the security and political stability, and interest in the private sector. He also pointed out that the support of the Government of the region for investment "was the best response in these circumstances. The presence of local investors in various sectors, by I can say that more than 70%, the prevention of a large vacuum inside the Kurdistan Region markets occur and that does not make the damage is relatively large compared with other regions of the Iraq ".
Because of the situation recently in Iraq and the Kurdistan Region as a result of regulation Daash terrorist threats, as well as due to cut the share of the Kurdistan Region of Iraq and not to the general budget of the region salaries Exchange, the Kurdistan Regional exposure to the financial crisis, which led to the suspension of many projects.
He described Dara Jalil Khayat agreement reached by the governments of Kurdistan and Baghdad's progress important region, and reiterated that this agreement will facilitate the way for commercial traffic and economic activities; and thanks to this agreement will be for Iraq and the Kurdistan Region strongest in world oil markets and economic status, even though the price of oil saw down now. He also said: "According to the forecast, it is unlikely to reach the Iraqi oil resources within five to six years to more than $ 300 billion."
Dara Jalil Khayat also stressed the need to focus on the holding of meetings and trade and economic visions, especially with those countries that have a long tradition in the trade and investment field. "He also pointed at the same time this agreement and meetings Kurdistan, Belarus, Hungary region gathered recently," which marked the beginning of of the most important steps in the future. "
Economic Forum and the Dubai Chamber of Commerce
In this regard also, Erbil branch of the Dubai Chamber of Commerce has organized an economic forum, in November 18 the past, in order to discuss the economic situation of the Kurdistan Region and the participation of foreign investors, the United Arab Emirates and private. Gentlemen attended the Governor of Erbil and the Italian consul at the Kurdistan Regional Chamber of Commerce and a representative of Germany significantly and a number of officials in the economic sphere and investors.
During this meeting the Governor of Erbil confirmed the return of commercial activities, praising the role of government in the region to support and encourage this kind of activity for the development of trade and investment sector and raise the level of the economy of the region better.
In the context of the forum, Dara Jalil Khayat said; "through attention to the industrial sector, the possibility of the Kurdistan Region and the Iraqi cities and neighboring countries to take advantage of industrial products such as iron and steel and cement."
In the arena and travel sector, new President of the Chambers of Commerce and Industry in the Kurdistan Region emphasized that "to take advantage of this sector could Kurdistan Region annually receive four to five million tourists through the completion of a new advanced projects."
For his part, Carmili Ficarra, the Italian consul at the Kurdistan Region: "Because of the situation through which Iraq and the Kurdistan Region and the region in general, has been postponed exposed Italians are important in the Kurdistan region, but we will resume our activities business in the Kurdistan Region in the near future." Ficarra and confirmed that the private sector for his country is waiting impatiently for the start of the economic and commercial activities in the Kurdistan Region.
At the same event, Rashid Al Mansouri, consul of the United Arab Emirates with the Kurdistan Region reiterated during his speech at the Forum that "the Kurdistan region of stable and secure places and enjoys the status of its own on the world's economic, so the country are thinking of achievement and of interest to a giant projects in Kurdistan Region. "
He renewed Rashid Al Mansouri emphasized that "the existence of Alپeshmrگh, the best guarantee for the progress of the economic sector in the Kurdistan region, because Alپeshmrگh garrison for security and stability in the region. It encourages the countries of the world to come to the region and the completion of the giant investment projects, calling on countries to accelerate the advantage of these opportunities and bring the best projects to Kurdistan. "
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