Erbil, Kurdistan Region of Iraq - March 4 2014 - The United States Kurdistan Business Council (USKBC) hosted a well-attended reception in Erbil in honor of United States Consul General (CG) Joe Pennington, the top American diplomat in the Kurdistan region. Kurdistan Regional Government (KRG) minister Qubad Talabani, a senior advisor to KRG Prime Minister Nechirvan Barzani also made brief remarks at the reception attended by dozens of American and Kurdish companies as well. Hunt Consolidated Inc., a USKBC founding corporate board member, sponsored the event.
Tom Schmitt of Hunt gave the opening remarks at the event and introduced CG Pennington, the keynote speaker. Pennington said that a delegation of US franchises will be visiting Kurdistan soon to consider establishing locations in the region. He said the prospect for increased business and trade "is exciting with possibilities and the US government intends to encourage and support this process however we can." He added, "Organizations such as the USKBC play an important role in helping to facilitate connections" between American and Kurdish companies.
David Tafuri, a senior advisor of the USKBC, highlighted the council's work and the benefits of joining it, and said that word of the business opportunities in the Kurdistan region was starting to get out to more US companies. "American products are greatly liked in the region, and many Kurds want more of them and can now afford that."
Minister Talabani concluded the formal segment of the event by discussing relations between the United States and the Kurdistan region. He said, "It is great to see US-Kurdistan ties improving along with strong political and security cooperation" between the US and the KRG.
About the United States-Kurdistan Business Council
The USKBC is dedicated to facilitating trade and commerce for U.S. companies in the Kurdistan Region of Iraq and to strengthening ties between the private sector in the U.S. and Kurdistan Region. With one of the most liberal investment laws in the Middle East and significant needs in almost every industry sector, the Kurdistan Region presents untapped business opportunities for U.S. companies. The council also works closely with the Kurdistan Regional Government and private businesses in the Kurdistan Region to ensure that foreign investment reinforces the already enormous economic opportunities there. For more information on business opportunities in the Kurdistan Region of Iraq, please visit www.USKBC.org.
Tom Schmitt of Hunt gave the opening remarks at the event and introduced CG Pennington, the keynote speaker. Pennington said that a delegation of US franchises will be visiting Kurdistan soon to consider establishing locations in the region. He said the prospect for increased business and trade "is exciting with possibilities and the US government intends to encourage and support this process however we can." He added, "Organizations such as the USKBC play an important role in helping to facilitate connections" between American and Kurdish companies.
David Tafuri, a senior advisor of the USKBC, highlighted the council's work and the benefits of joining it, and said that word of the business opportunities in the Kurdistan region was starting to get out to more US companies. "American products are greatly liked in the region, and many Kurds want more of them and can now afford that."
Minister Talabani concluded the formal segment of the event by discussing relations between the United States and the Kurdistan region. He said, "It is great to see US-Kurdistan ties improving along with strong political and security cooperation" between the US and the KRG.
About the United States-Kurdistan Business Council
The USKBC is dedicated to facilitating trade and commerce for U.S. companies in the Kurdistan Region of Iraq and to strengthening ties between the private sector in the U.S. and Kurdistan Region. With one of the most liberal investment laws in the Middle East and significant needs in almost every industry sector, the Kurdistan Region presents untapped business opportunities for U.S. companies. The council also works closely with the Kurdistan Regional Government and private businesses in the Kurdistan Region to ensure that foreign investment reinforces the already enormous economic opportunities there. For more information on business opportunities in the Kurdistan Region of Iraq, please visit www.USKBC.org.
