Seeking to restore “direct” trade between Iraq, Kurdistan and Romania

Seeking to restore “direct” trade between Iraq, Kurdistan and Romania

2024-07-18 04:13

Seeking to restore direct trade between Iraq - Kurdistan and RomaniaShafaq News/ Sulaymaniyah Chamber of Commerce and Industry confirmed, on Thursday, its endeavor to restore direct trade exchange between Iraq and the Kurdistan Region on the one hand, and the State of Romania on the other hand, after it had been suspended for more than two decades.

Nawzad Ghafoor, head of the Sulaymaniyah Chamber of Commerce and Industry, said during a press conference attended by Shafak News Agency, “Today witnessed an expanded meeting between the Sulaymaniyah Chamber of Commerce and Industry and a high-level delegation from Romania, which consisted of: the Romanian ambassador to Iraq, the Romanian consul in the Kurdistan Region, representatives of major Romanian companies, and a number of companies in Sulaymaniyah.”

He added, “This meeting is the second meeting in the past two months, to discuss providing a suitable climate for the return of trade exchange between Iraq, the Kurdistan Region, and Romania, especially since direct trade exchange has stopped for more than 25 years.”

Ghafoor explained that “the companies held bilateral meetings for the purpose of starting the process of trade exchange between the two parties in the fields of energy, technology, construction, food and the exchange of commercial expertise.”

The head of the Sulaymaniyah Chamber of Commerce and Industry confirmed, “The Chamber’s support and interest in enhancing and restoring trade exchange between Iraq and the region on the one hand and the State of Romania on the other hand, due to the importance of Romanian products and the experience of its merchants.”

In turn, Romanian Ambassador Radu Dobra revealed during the conference that trade exchange between Iraq and Romania was limited in recent years to indirect trade exchange between the two parties.

He explained that “Roman products used to reach Iraq through intermediaries, namely neighboring countries such as Turkey, Jordan, Syria, and the Emirates.”

The Romanian ambassador stressed “the pursuit of making trade exchange direct without an intermediary, removing obstacles and facilitating the process of direct trade exchange with Iraq and the Kurdistan Region.”

shafaq.com