Kurdistan Invites Malaysia To Invest In The Country

KUALA LUMPUR, Nov 29 (Bernama) -- Malaysians have been invited to invest in various fields in the Kurdistan Region, said Kurdistan Democratic Party's Asian Desk head Abdulsalam I. Abdullah. He said thousands of companies from the United States, Europe, Asia, Arab and neighbouring countries had been investing in in the country. "We are sure we would be in dire need of the foreign investment for a long time to come, and here I would like to ask Malaysians and all the interested people, not to be far behind others and enjoy the most flexible investment law of the Kurdistan Regional Government. "There is too much in and on the ground in Kurdistan," he said at the international forum on 'The Politics of Economic and Social Transformation in The Era of Global Crisis', in conjunction with the Umno General Assembly 2011 at the PWTC here Sunday. The United Malays National Organisation,(abbreviated as UMNO) is Malaysia's largest political party; a founding member of the National Front coalition, which has played a dominant role in Malaysian politics since independence. The UMNO emphasizes as its foundation the struggle to uphold the aspirations of Malay nationalism and the dignity of race, religion and country. Meanwhile, Presidium Member of Bangladesh Awami League Kazi Zafrullah said Umno played a dominant role in Malaysian politics and its leadership to secure the independence of Malaysia from British rule. He said Malaysia and Umno had not only undergone several metamorphoses over the last decades but also succesfully evolved in step with historical changes. "We are confident that the people of Malaysia and prudent Umno would certainly overcome the vicissitudes of life and sometimes, unexpected global crises in the years to come," he added. Workers’ Party of Korea head of delegation Ri Chang Gun said financial and debt crises spreading across the world was having negative impact in politics, economy, culture and many other fields, affecting many countries, especially developing countries. “The unbalanced consumption, rapacious speculation, monetary manipulation and all kinds of hot pursuit of interests only result in the collapse of bubbles in capitalist financial market, causing economic setback that inflicts direct and ever more serious damage to the people of the developing countries, which is absolutely unacceptable,” he said. Ri said the Workers’ Party of Korea would strengthen its cooperation with other countries in finding solutions to the problems concerning the economy and social welfare in the country. He said it was an undeniable reality today that the international community was focused on finding a solution to the ever-worsening global economic crisis. “In light of this, our delegation fully supports and highly appreciates the timely agenda of this forum which deals with the politics of economic and social transformation in the era of global crisis,” he said. -- BERNAMA