After Saudi, Kuwait to expand commercial ties with Kurdistan

The Kuwaiti Consul-General in the Kurdistan Region, Omar al-Kandari, said on Monday that an economic delegation from his country intends to visit the region in the coming days to expand existing commercial relations.

ERBIL (Kurdistan 24) – The Kuwaiti Consul-General in the Kurdistan Region, Omar al-Kandari, said on Monday that an economic delegation from his country intends to visit the region in the coming days to expand existing commercial relations.

Kandari’s announcement comes after officials from Saudi Arabia, and the Kurdistan Regional Government (KRG) agreed on July 24 to transform the Kurdistan Region into a new center of trade and investment in Iraq.

The Consul-General’s words were relayed in a statement about a meeting in Erbil with the President of the Erbil Chamber of Commerce and Industry, Dara Jalil Khayat.

The statement quoted Kandari as saying the Kuwaiti delegation’s visit will send a message to his country’s companies, businessmen, and industries to encourage them to work in Kurdistan.

The Consul-General added that despite the presence of Kuwaiti companies already operating in Kurdistan, they are willing to develop commercial relations with the Region.

He did not specify an exact date for the visit but noted they were making efforts to expedite it.

During their meeting with KRG Prime Minister Nechirvan Barzani, the Saudi delegation expressed its desire to “invest and have [Saudi] businesspersons in the Kurdistan Region benefit from the security, stability, and the suitable ground for investment.”

Editing by Karzan Sulaivany