During his visit to the UAE, President Nechirvan Barzani toured the Kurdistan Region pavilion at the Annual Investment Meeting (AIM Congress) in Abu Dhabi. He emphasized the vital role of the private sector in the region’s development and expressed optimism for increased investment, positioning the Kurdistan Region as a gateway for broader investment in Iraq.
Nechirvan Barzani outlined essential factors for attracting investors, including transparent regulations, efficient processes, a commercial court for dispute resolution, and improved banking sector cooperation with Baghdad. He expressed confidence these measures would foster a favorable investment climate.
Additionally, he noted the UAE’s growing interest in investing in Kurdistan and confirmed discussions about appointing a special envoy to strengthen economic ties, with trade between the UAE and Iraq already valued at $30 billion.
