A major economic forum between the Kurdistan Region and Spain officially launched on Monday in Murcia. The event gathered more than 80 companies from both regions. Consequently, participants aim to boost bilateral trade and discover fresh investment opportunities across diverse industries.
Mohammad Shukri, Chairman of the Kurdistan Region Investment Board, led the official delegation from Kurdistan. During the opening session, Shukri delivered a comprehensive presentation regarding the Region’s attractive investment climate. Furthermore, he highlighted lucrative opportunities specifically tailored for Spanish enterprises. He explicitly emphasized Kurdistan’s favorable Investment Law, robust administrative support, and significant tax exemptions. Additionally, he noted strong legal guarantees that protect foreign capital and ensure long-term project security.
In response, Spanish investors expressed great enthusiasm for entering the Kurdish market. Therefore, they stressed the immediate need for direct communication channels with the local private sector. These connections will undoubtedly accelerate future commercial partnerships. Meanwhile, business representatives held productive face-to-face meetings on the sidelines of the opening day. As a result of these discussions, both sides expect to sign several memorandums of understanding very soon.
On Tuesday, the Kurdish economic mission travels to Valladolid to meet with additional Spanish institutions and expand business cooperation, building upon historically solid diplomatic relations maintained through Spain’s Honorary Consulate in Erbil and the Kurdistan Regional Government’s Madrid office
Spanish firms have shown increasing interest in Kurdish infrastructure, vocational training, and agriculture. For instance, previous proposals include major railway networks and a sister-city partnership between Erbil and Malaga. Ultimately, this new forum marks a significant step forward in deepening economic alliances between both territories.