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ERBIL, Iraq, June 27 (UPI) -- The economic environment in Iraqi Kurdistan is conducive to American business and investment opportunities, U.S. commerce officials said.
U.S. Deputy Secretary of Commerce John J. Sullivan wrapped up the first major trade mission to the region in more than 20 years this week.
Sullivan led a delegation from the U.S. Commerce and State departments to explore the potential to bring American business interests to the region.
"We firmly believe that a conducive business climate exists in this region. Everyone has been inspired by what we have seen, and we hope this historic mission leads to further cooperation between American businesses and the development of both the Kurdistan region and all of Iraq," Sullivan said in a statement released by the Kurdistan Regional Government.
Kurdish Trade Minister Mohammad Raouf Mohammad told the delegation he welcomed the interest and saw it as a testimony to regional stability and security.
"We hope to soon see concrete steps being taken towards projects between American companies and the region," he said.
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