Erbil: On 25/03/2013 Mr. Dara Jalil Khayat President  of the Federation of Kurdistan Chambers of Commerce and Industry, and Mr.Peter Katff  vice president of the Bulgarian Union of businessmen and industrialists have signed  on Memorandum of Understanding, in  this Memo placed  the outlines of the joint future business between the parties were placed in. aimed at boosting economic and trade relations between Kurdistan and the Republic of Bulgaria, the signing ceremony was attended by  a number of board members Union of Kurdistan , Erbil  Chamber of Commerce and Industry and a group of Kurdistan businessmen with experience in banking, printing, construction and a number of journalists. .

Mr. President Union of Kurdistan Chambers has delivered welcome speech on this occasion in which he stressed the importance of strengthening Economic and trade relations between the Region and Bulgaria, especially in the areas of agriculture, tourism and considered this meeting as a  golden opportunity to expand the horizons of cooperation between the two parties, also Mr. Chairman of Bulgarian delegation in a speech thanked  the Chamber on good reception ,he noted that Bulgarians businessmen have put their weight to invest and do trade cooperation with Kurdistan region.