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Kuwait eager to boost investment in Iraq's Kurdistan -- official

Kuwaiti Consul General in Irbil Omar Al-Kandari during his meeting with President of Kurdistan Federation of Chambers of Commerce and Industry (KFCCI) Dara Khayat
Kuwaiti Consul General in Irbil Omar Al-Kandari during his meeting with President of Kurdistan Federation of Chambers of Commerce and Industry (KFCCI) Dara Khayat
IRBIL, July 31 (KUNA) -- Kuwaiti Consul General in Irbil Omar Al-Kandari said Kuwait is eager to boost investment and trade with Iraq's Kurdistan region.
The official's remarks were made during his meeting with President of Kurdistan Federation of Chambers of Commerce and Industry (KFCCI) Dara Khayat on Tuesday.
In a statement to KUNA, Al-Kandari noted that the meeting discussed cooperation in facilitating commercial exchange between the two sides as well as investment procedures for Kuwaitis.
He added that he plans on organizing a trip for Kuwaiti businessmen to Kurdistan, to learn of investment conditions in the region. Al-Kandari also said that there already are Kuwaiti companies investing in Kurdistan but we aim to increase the number.
On his part, Khayat said that Kurdistan will provide facilitations for Kuwaitis to invest in different fields in the region.
According to KFCCI officials, the investment field in Iraq's Kurdistan had prominently developed since the war on the so-called Islamic State was over in Iraq. (end) sbr.ag