Erbil: On 03/07/2013 Erbil Chamber of Commerce and Industry  has arranged the  first Forum between ,the Kurdistan and Singapore Trade Forum.

Mr.Dara Jalil Khayat the President of Erbil Chamber of Commerce  and Mr.Zain Alabidin Rashid the ConsultantMe of Middle east Group at Singapore business Federation  headed the Forum, and in the presence of Mr. Soran Abu Bakr Aziz  the Deputy President of the Chamber , a number of members of the administrative body of the Chamber members of Singapore Federation and , local media.

Mr.Khayat  referred to the importance of developing relations between the region and the world, including East Asian countries including Singapore as one of the countries that play an important role in the international economic arena, and the Chambers should pave the way to that ."

Singapore a progressed country ,we have good information about that ,also Kurdistan is a Federal region has its budget ,can participate in the development of investment and business ,we expect a bigger budget in a near future because of the increasing in the oil export ."

Also focused on the Num4 Investment law of 2006 which has offered the foreign investors many facilitation .

" Singapore investors can achieve in Kurdistan many of Agricultural and tourist projects ."Mr.Dara Said.

For his part Mr.Rashid said" We are very happy that we are in Kurdistan Region Kurdistan has a very rich resources."

"We hope to invest here  in the fields of construction oil ,tourism etc ,we should build a strong joint base."

The businessmen of the sides exchanged ideas.