Kurdish and Greek businessmen agreed on Sunday to establish a new Kurdish-Greek Center for Reconstruction and Investment.
Aswat al-iraq reports that the organisation will have its headquarters in Erbil, while AKnews says it will be based in Greece.
Organizer Sarbast Zakhobi informed Aswat al-Iraq that "it was important to establish such center, which aims at technological, trade and economic exchange between the two sides and to attract European investment to Kurdistan region".
It is expected that conferences, including one in Greece, will be held to attract European investments.
Dara Jalil Khayyat, chairman of the Kurdistan commerce and industry chamber said Greek investors are very welcome in Kurdistan and he hoped the center can boost bilateral ties.
He said that Greeks, with their experience of tourism, could be especially effective in developing Kurdistan’s tourism sector.
Maktits Zinzis, a Greek businessman, said: "This is the first step, and I believe it will be a very promising preface to bigger strides.”
(Sources: Aswat al-Iraq, AKnews)