The Kurdistan Regional Government (KRG) announced that 70 percent of its trade has been affected by the ongoing regional conflict involving the US and Iran. This decline in trade is attributed to the instability caused by the conflict, impacting economic activities in the semi-autonomous Kurdish region of Iraq.
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Kurdistan Regional Government reports significant trade decline due to regional conflict
The Kurdistan Regional Government reported a 70 percent reduction in trade due to the ongoing regional conflict involving the US and Iran. The conflict has created instability that significantly affects economic activities in the Kurdish region of Iraq.
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Original Headline
Iraq’s semi-autonomous Kurdish region suffers as US-Iran war drags on
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Kurdistan Regional Government reports significant trade decline due to regional conflict