In a significant development aimed at strengthening economic ties, Prime Minister Masrour Barzani of the Kurdistan Regional Government welcomed a delegation representing multiple German companies.

The meeting, held on Thursday, focused on exploring investment and trade opportunities between the Kurdistan Region and the Federal Republic of Germany.

During the constructive session, Prime Minister Barzani provided the delegation with a comprehensive overview of the ongoing reforms initiated by the Ninth cabinet. The reforms, encompassing critical areas such as economic diversification, investment facilitation, bureaucracy reduction, and the digitization of public sector services, underline the Kurdistan Regional Government's commitment to fostering a conducive business environment.

Expressing his gratitude for Germany's support to the Kurdistan Region as part of the Global Coalition combating ISIS, Prime Minister Barzani reiterated the region's dedication to strengthening bilateral relations with Germany. He emphasized the Kurdistan Region's keenness to leverage Germany's advanced industrial expertise for mutual benefit.

The visiting delegation, representing German companies, acknowledged the Kurdistan Region's prominent role within the wider region. They expressed their eagerness to expand their activities and investments in the area, underscoring the potential for fruitful collaboration.

The meeting concluded on a positive note, with both sides demonstrating a shared commitment to fostering economic collaboration and forging stronger ties. The discussions held between Prime Minister Barzani and the German delegation lay the foundation for enhanced investment and trade relations between the Kurdistan Region and the Federal Republic of Germany.

This meeting marks a significant step towards realizing the economic potential of the Kurdistan Region and creating new avenues for growth and prosperity.