2026-04-26T12:08:56+00:00
Shafaq News- Erbil
Economic fallout from regional conflict and instability has prompted a joint initiative to assess risks to the Kurdistan Region’s economy, with Erbil’s Chamber of Commerce and Industry and Germany’s GIZ agreeing to establish a shared operations unit for analysis and planning.
The proposed mechanism will conduct a detailed study of how armed conflicts and rising tensions are affecting trade and industrial sectors, aiming to develop strategies to mitigate potential economic shocks, Erbil’s Chamber of Commerce noted in a statement.
The chamber expressed full support for the initiative, citing readiness to coordinate with GIZ to consolidate data and provide assistance to traders navigating deteriorating economic conditions.
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Source: Shafaq News
