Iraqi Kurdistan considers boosting ties with Tripoli, Lebanon

Iraq's semi-autonomous region is considering boosting economic ties with Lebanon’s second-biggest city Tripoli.

A business delegation from Iraqi Kurdistan mulled strengthening economic ties on Monday with Lebanon’s second-biggest city Tripoli.

“Iraqi Kurdistan is seeing an economic boom and we hope that Lebanese businessmen continue to benefit from facilities offered by the regional government,” head of the Tripoli Chamber of Commerce Tawfik Daboussi said.

Former Iraqi Trade Minister Mohammad Raouf, who headed the delegation, called on Lebanese investors to tap opportunities in Iraqi Kurdistan. He said tourism presents significant opportunities in the region in addition to housing, industry and petrochemicals.

“Lebanese businessmen are the biggest investors in Iraqi Kurdistan and we believe economic relationships can be developed further,” Raouf added.