Erbil: on 16.04.2013 the second Economic Forum, between Kurdistan region and the United Arab Emirates  was opened in Erbil.in the presence of officials from KRG  and the United Arab Emirates ,a number of journalists and more than two hundred of businessmen from both sides, Among those  officials was Mr. Osman Shwani  supervisor of the Economic Council in the Council of Ministers of Kurdistan Regional Government, which He said the robust economic situation for the region and stability of the security two primary factors in the rush of foreign companies to operate in the region, which hitherto numbered more than two thousand companies also stressed in his speech that the coordination and cooperation between companies of Kurdistan and the UAE s lead Kurdistan to construction and development, which flows for the benefit of UAE companies at the same time.

As Mr. Abdullah Saleh, Vice-Minister of Foreign Trade of  UAE said  that the UAE's economic and commercial relations firm with the Kurdistan region and we will work to make it a portal business for UAE companies to increase the volume of bilateral trade, which reached last year to six billion dollars, and said that the UAE companies operating in the region in the field of industry, agriculture, tourism, construction, oil and gas, transportation and aviation, where we aspire to support the Regional Government to serve the economies of the two sides.

In the speech of Mr. Dara Jalil Khayat President  of the Federation of Chambers of Commerce and Industry of of Kurdistan, region President of Erbil Chamber of Commerce and Industry where he said that holding of this forum is a quantum leap towards strengthening economic and trade relations between the Region  and the UAE we have got knowledge  in the past through visits to the emirates of Dubai and Sharjah  as breaking barriers for the advancement of this strong relations.