Kurdistan Economic Forum concludes key themes of Economic Diversification

London, United Kingdom (uk.gov.krd), The last day of the Kurdistan Economic Forum consisted of various panels centred on themes, including policy for the Banking and Financial Services Part of the Diversification Strategy for the Region, Construction & the Economic Boom & Strategies to Attract Multi-National Companies (FMCGs) into all Sectors as well as Promoting Long Term Growth of the Economy: Communications, Technology & Digitalization of the Economy.

The fourth session of the Forum was addressed by HE Karwan Jamal, Kurdistan Region High Representative to the UK, HE Dr Mohamad Shukri Mohamad Saeed, Chairman of the Kurdistan Board of Investment, Kurdistan Regional Government of Iraq and David Green, Adviser to the Chairman of the Royal Bank of Scotland on Brexit and the City. The panellists debated mechanism for building a proper regulatory framework and structured finance for companies to get access to inspiring projects in the Kurdistan Region.

Further, the need for building the necessary infrastructure to improve quality of life to complement and benefit from the energy diversification was addressed by HE Dr Mohamad Shukri Mohamad Saeed, Chairman of the Kurdistan Board of Investment, Kurdistan Regional Government of Iraq and HE Mrs Begard Dlshad Shukralla, Minister of Agriculture & Water Resources, Kurdistan Regional Government of Iraq.

The forum’s final session was concluded by speeches from HE Safeen Dizayee, Head of the Department of Foreign Relations, Kurdistan Regional Government, Iraq and HE Karwan Jamal, Kurdistan Region High Representative to the UK and Greg Power, Founder & Board Chair, Global Partners Governance. The concluding remarks focused on the development of all sectors to enhance growth and build economic resilience to withstand unforeseen economic shocks. As diversification remains a challenge for the Region, effective collaboration with international partners and organisations is essential to support the implementation of the Kurdistan Region’s diversification strategy.

The Kurdistan Economic Forum will be hosted annually from 2021.