Iraqi Kurdistan is ready to develop economic relations with Russia

© RIA to Novoshepelychi in fotobabbles of the PKK. Archival photoIraqi Kurdistan is ready to develop economic relations with Russia© RIA to Novoshepelychi the image Bank

The government of Iraqi Kurdistan are set to develop economic relations with Russia, told RIA Novosti the official representative of the Kurdistan Democratic party, Mahmoud Mohamed.

«We believe that Russian companies have a better understanding of how to invest and invest in our economy than companies from many other countries. Therefore, we are open for cooperation. There are no obstacles,» said Mohamed RIA Novosti.

According to him, «the Kurdistan region wants to develop relations (with Russia — ed.) on the basis of mutually beneficial cooperation with many countries, and Russia is one of these countries.»

«Relations of Kurdistan and Russia is a long-standing relationship, history», — he reminded.

Iraqi Kurdistan (the Kurdistan Federal region) – autonomy in Northern Iraq, whose status is enshrined in the Constitution. The Kurdistan democratic party is the ruling authority.

Earlier, the government of Iraqi Kurdistan has signed with «Rosneft» at the SPIEF, a number of legally binding agreements on expanding cooperation in exploration and hydrocarbon production, Commerce and logistics.

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