Kuwait: US-Kuwait Economic Forum Beneficial For Both CountriesSource: www.export-egypt.com 9/7/2017, Location: Middle East |
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A number of Kuwaiti business personnel and top officials affirmed late Wednesday the importance of the US-Kuwait Economic Forum, stressing that the event will be highly beneficial for both countries.
The forum, held at the US Chamber of Commerce, resulted in the signing of several agreements between the Kuwaiti and American sides. Speaking to KUNA on the issue, Deputy Prime Minister and Minister of Finance Anas Al-Saleh told KUNA that both sides were eager to further develop ties on numerous levels and especially within the economic, financial, and commercial domains. He stressed that the forum saw a huge turnout, which is reflective of the strong relations linking the two countries. The event also came in line with the Kuwaiti leadership's efforts to transform Kuwait into a regional and international business and financial center, said Al-Saleh. On his part, Director General of Kuwait Direct Investment Promotion Authority (KDIPA) Sheikh Dr. Meshal Jaber Al-Ahmad Al-Sabah told KUNA and Kuwait television that the forum focused on the roles of investments and economy in developing US-Kuwaiti relations within the private sector domain. Business personnel who flocked to the event are well aware of the vitality of the forum, said Sheikh Meshal who indicated that Kuwait was eager to diversify its income through mutual investments with American companies and business personnel. On their parts, top officials at Zain Group, Kuwait Industrial Union (KIU), and the Commercial Real Estate company -- Bader Al-Kharafi, Hussein Al-Kharafi, and Abdulfattah Marafi respectively -- stressed the importance of attracting foreign investments to Kuwait, saying that it will immensely contribute to the country's future development plans. His Highness the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah's visit to the US and organizing of the forum displayed both nations eagerness to pursue more venues of cooperation, affirmed the officials. They added that Kuwait's 2035 vision launched by His Highness the Amir provided a perfect opportunity for foreign investors, namely from the US, to seek business ventures in Kuwait which will benefit both nations' economies. Kuwaiti business personnel also felt welcomed by their US peers to invest in America, the officials affirmed. |
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