Erbil: On 30/7/2017, at the German office for Trade and Industry relations the fourth meeting was held on the prior trade projects.
Mr. Falah Mustafa the head of KRG Foreign Relations Department, Mr. Christopher Berger the German Deputy Consul General in Kurdistan Region, Nr. Soran Abubakir the deputy president of the Chamber and a number of rag officials and German businesses representatives were presented in the meeting.
In the meeting, Mr. Abubakir gave declaration about the current situation, said : the crises that are unfolding in the Region have a direct impact on the trade and investment but they are temporary crises to be ended. Continued: Erbil is the closest city to Mosul, the construction process is due to start in Mosul, all the companies that have the plan to participate in the process they have the potential to take center in Kurdistan Region where they can obtain all the elements and materials they need, most of the reconstruction materials are available in Erbil like cement and steal, the Region has over production in those materials they are always exported to other cities in Iraq.
He asked the German companies to take positions in the Region to have a successful participation.
Mr. Abu baker also referred that because of oil prices fall the KRG has revived the agriculture sector, now some of the products are 70% of local production and some of them 100% and extra to be imported. But, he indicated that the region requires canning and refrigeration projects.
He also said that as the result of the ill treatment by the central government and putting a number of tax points between Kurdistan Region and Iraq we are already to states that's why the scheduled referendum wouldn't make any change in the situation.