Rain­bow af­ter storm

The Kurdish Globe - - NEWS - Kozhir Ab­dul­ra­heem

Since oil reser­voirs dis­cov­ered in the Naftkhana area in Kur­dis­tan, many com­pa­nies and in­vestors have come to in­vest in the oil in­dus­try. This oil dis­cov­ery has been more of a curse than a bless­ing for the Kurds. Suc­ces­sive Iraqi gov­ern­ments tried their best to con­trol Kur­dis­tan and its oil wells. The KRG, since its estab­lish­ment, has tried to turn this oil curse into a bless- ing so that it could ben­e­fit the Kur­dish peo­ple. For years we have tried to at­tract in­vestors and com­pa­nies to the re­gion. Now Kur­dis­tan is a safe haven for for­eign in­vestors and com­pa­nies not only in the field of oil but a va­ri­ety of fields as well. For the past year and a half, Kur­dis­tan has gone through a lot of dif­fi­cul­ties start­ing from the bud­get cut from Bagh­dad, the decline of oil prices and an im­posed war of the IS. Through the years and all the ef­forts made to achieve an eco­nomic in­de­pen­dence, this is the clos­est we have come. We have been pa­tient and strong to achieve this vi­tal goal. Even though peo­ple have crit­i­cized the oil pol­icy and doubted its meth­ods, but so far our oil pol­icy has been suc­cess­ful. Kur­dis­tan is still a safe haven for all for­eign in­vestors and the KRG of­fers a lot of help. The KRG has now reached its goal but the Kur­dish peo­ple should know that noth­ing comes easy and this is the best we have ever reached when it comes to an eco­nomic in­de­pen­dence. We know that af­ter ev­ery storm there is a rain­bow.

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