Erbil:On 12.07.2015, Within a ceremony held in the  building of  Erbil  Chamber of Commerce and Industry  attended by Dr. Dara Jalil Khayat  the President  of the Federation of Chambers of Commerce and Industry of  the Kurdistan Region,and a number of board members and staff members  concerned to the subject  and the delegation of the  Republic of Abkhazia Chamber of Commerce and Industry ,headed by Mr. Gennady Jajulia Chairman of Abkhazian the Chamber of Commerce and Industry ,  a memorandum of understanding signed on trade and economic cooperation between the two sides.

The Memorandum was  included a number of items, including "exchange of experiences, visits and information and cooperation in the field of development of small and medium enterprises and the exchange of research and studies - organization of  training programs  - the exchange of trade delegations - development plans, research and participation in international exhibitions held in both countries.

As  the event was included  ceremonial welcoming words given  by both parties called on the officials to proceed with cooperation in the areas that are the Kurdistan Region and Republic of Abkhazia  characterized by them .They focused on the  promotion  of  tourism and take advantage of the Abkhazian agricultural expertise to achieve the goals for which it was drawn up in the  signed the memorandum.