The head of the Kuwait Chamber of Commerce and Industry, Muhammad Al-Sager, pointed out that “Kuwait and Egypt have the necessary elements to develop trade and investment cooperation between them,” stressing that “the fraternal ties between the two brotherly countries necessitate that more efforts be made in order to achieve the desired economic goals, especially since Egypt is one of Kuwait's most important trading partners.
Al-Sager said during his meeting with Egypt's ambassador to Kuwait, Tarek Al-Qouni, that "Egypt ranks 15th as the best importer and 18th as the best exporting country," pointing out that there are "strategic Kuwaiti investments in Egypt," stressing that "the chamber is fully prepared to provide all its services to reach positive results between the two countries."
For his part, Ambassador Al-Qouni affirmed keenness to deepen economic and trade relations, with the aim of consolidating, strengthening and developing economic and commercial cooperation between the two countries, as it achieves the mutual interests of the business sector on both sides through strategic partnerships that open new economic horizons.
On the other hand, Al-Sager received the Ambassador of the Republic of Ukraine to Kuwait, Dr. Oleksandr Palanutsa, to discuss the nature of economic cooperation between Kuwait and Ukraine, and to discuss ways to establish joint investment projects between the two countries by introducing business owners to the economic climate in the two countries, and encouraging the holding of seminars to promote Ukrainian products in Kuwait.
Source (Al-Rai Kuwaiti newspaper, Edited)
