KRG Strengthens Economic Ties with UAEERBIL (Kurdistan24) — The Kurdistan Region of Iraq has significantly expanded its participation at this year’s Annual Investment Meeting (AIM Congress) in Abu Dhabi, UAE, marking a pivotal moment in regional economic diplomacy. The KRG delegation, led by Dr. Mohammed Shukri, Chairman of the Kurdistan Board of Investment, has actively engaged with international business leaders and policymakers at the 14th edition of the event, which runs from April 7 to 9, 2025Dr. Shukri emphasized that this year’s participation is set to have a greater impact, thanks to a more substantial presence from the Kurdistan Region.
He stated in an interview with Kurdistan24, "This is our second consecutive year participating in the AIM Congress, and we believe this year’s engagement will be more effective. Our delegation has grown, and we are more strategically positioned to explore new business opportunities, especially with the Emirati companies operating in our region."
As part of the delegation, Dr. Shukri and key KRG officials from the Ministry of Trade and Industry have been engaged in discussions aimed at boosting economic ties between the UAE and the Kurdistan Region.
"We have several projects lined up with Emirati companies that we plan to implement in the coming months," Dr. Shukri added, signaling promising opportunities in various sectors, particularly agriculture and infrastructure, with the Emiratis' growing presence in the region.
The KRG has made notable strides in economic cooperation with the UAE, with over 200 Emirati companies currently operating in Kurdistan, contributing to a trade volume exceeding two billion dollars.
Dr. Shukri further highlighted the significance of these partnerships, stating, "The relations between the Kurdistan Region and the UAE are long-standing, and they have a direct positive impact on the economy of Erbil and Abu Dhabi. A large portion of the goods and products imported to Kurdistan are imported via UAE ports, enhancing our regional trade capabilities."
In a bid to showcase Kurdistan’s business potential, the Kurdistan Pavilion at the AIM Congress has become a focal point for networking, with officials working to attract investors to various sectors, including agriculture, energy, and technology.
Dr. Shukri also noted, "We have set up the Kurdistan Pavilion here at the AIM Congress to provide a dedicated space for showcasing business opportunities and facilitating investor relationships. It’s a key part of our strategy to make Kurdistan a central hub for international business."
The KRG delegation also underscored plans for collaborative projects with Emirati firms, particularly focusing on the agricultural sector in the Duhok governorate, where an Emirati-led agricultural project is already showing signs of success.
"We hope to expand these initiatives, aiming to foster sustainable agricultural growth and strengthen our economic resilience," said Dr. Shukri.
As part of efforts to improve governmental processes, the KRG has also discussed digital transformation strategies with the UAE government, with plans to enhance electronic governance systems in the coming years.
Dr. Shukri added, "The UAE has extensive experience in electronic governance, and we aim to leverage their expertise to strengthen Kurdistan's own governance and public sector management."
The 2025 AIM Congress is expected to run until April 9, with continued discussions and sessions designed to build on the economic foundations set by previous meetings.
As Dr. Shukri stated, "Our participation in this congress is not just about increasing the number of companies from the UAE operating in Kurdistan; it's about creating deeper, more meaningful business collaborations that will drive long-term economic growth."
As the conference continues, the Kurdistan Region’s involvement is set to yield significant economic benefits, further cementing its role as a key player in the Middle Eastern investment landscape.
The AIM Congress, held under the theme "The New Wave of a Globalized Investment Landscape: Towards a New Balanced World Structure," has attracted more than 20,000 participants, including heads of state, 60 ministers, and 1,250 panelists from 180 countries. The event remains one of the largest and most influential global gatherings focused on fostering sustainable economic development and international investment.
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