Posted: Apr 16, 2013
Upper Saddle River, NJ (April 16, 2013) The Food Institute President Brian Todd talked U.S. food business opportunities with Kurdistan Regional Government officials April 8 during a roundtable meeting at the U.S. Chamber of Commerce in Washington, D.C.
Food production and agriculture opportunities in the northern Iraqi region were highlighted during the meeting, which included the Kurdistan region's Minister for Coordination Qubad Talabani and Foreign Affairs Minister Falah Mustafa, as well as Dr. Fuad Hussein, chief of staff to the president of the Kurdistan regional government, Massoud Barzani. U.S. participants included Steve Lutes of the U.S. Chamber of Commerce, Steve Nadherny of Case New Holland, John Schnittker of Lindsay Corp., and John Sullivan of Mayer Brown law firm and chairman of the Iraqi-U.S. Business Dialogue, a group that facilitates private-sector business development in Iraq as well as trade between the two countries.
The Kurdish region is rich in livestock and arable land that is suitable for a large diversity of crops. The region is at a crossing point of the Middle East and Europe, bordered by Turkey, Armenia, Syria and parts of Iraq. "The Kurdish Regional Government (KRG) is looking to stimulate agricultural and food trade in the region and doing so in partnership with U.S. companies would benefit both," stated Brian Todd. "Ultimately, the KRG foresees popular products in Kurdistan, such as pomegranates and honey being available across the globe."
A trade mission to the region involving U.S. food companies is in the works, where executives can see first-hand opportunities arising in the region.
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