Erbil: On 2th May, 2018, under the patronage of Nechirvan Barzani the Prime Minister of the Kurdistan Regional Government, The Promotion of The Economic Relations between Kurdistan Region and Iran Conference held in Erbil. 

The Deputy Prime Minister of Kurdistan Region, Qubad Talabani, The Minister of Trade, Industry and the Mineral Resources of Iran, the Mayor of Tehran, The KRG Ministers of Finance, Planing, Municipality, Tourism, more than 100 companies representatives from the provinces of Tehran, Esfahan, Urmia, Kermanshah, Sanandaj, The West Azerbaijan, Hamadan, Companies representatives of the Kurdistan Region attended the Conference, which was organized by the Federation of the Kurdistan Chambers of Commerce and Industry and the High Assembly of Economy of Kurdistan Region, and lasted over Two days. 

Dr. Khayat said" Holding this kind of conference works for strengthening of relations and solve the problems of mutual Commerce ." Announced that the magnitude of mutual trade reaches 8 billions$. 

Dr. Ali Sindi, The Minister of Trade and Industry in proxy said" 360 companies and 135 factories from Iran are operating in Kurdistan Region" 

Dr. Muhammad Shariatmadary, the Iranian minister, dubbed the conference as a crucial opportunity for developing relations in various sectors.

Prime Minister of Kurdistan Region, Nechirvan Barzani stated that the Kurdistan Government seeing this conference as important and supports this kind of steps. Said" 67% of Auto imports to the Region is coming from the Iranian borders, 359 Iranian companies have their branches in Kurdistan Region, most of them are active in the field of trade, in addition to having 135 Iranian factories in the Region, which have created hundreds of job opportunities. 

The Prime Minister called on the Kurdistan and Iranian businessmen and investors to broaden the fields of exchange f trade and investment, promote the joint projects, and the KRG would support and facilitate for their projects. 

The other part of the conference was holding Three panels on the development of joint investment in the sectors of tourism, agriculture, establishment of shared companies, promotion of industries, paving for establishing free economic zone, trade promotion and solving the problems. 

In the Second day of the conference the both side businessmen hold a number of b2b meetings. They discussed together the opportunities for joint projects.