May 22, 2024 2:34 am
Kuwait Prime Minister and Thani Al-Zeyoudi Discuss Enhancing Trade Relations

Dr. Thani Al-Zeyoudi, the Minister of State for Foreign Trade from the United Arab Emirates (UAE), visited Kuwait with a delegation to participate in the “Emirati Companies Exhibition and Forum”. The meeting with Sheikh Dr. Muhammad Sabah Al-Salem Al-Sabah, the Prime Minister of Kuwait, focused on enhancing trade and investment relations between the two countries.

During the meeting, Dr. Zeyoudi emphasized the strong strategic partnership between the UAE and Kuwait, with economic, trade, and investment relations at its core. He highlighted the mutual commitment of both countries’ leadership to advance these relations for their people’s benefit.

The UAE delegation included representatives from leading Emirati companies and business associations who engaged in discussions with Kuwaiti officials to explore ways to strengthen their strategic partnership and promote mutual growth and prosperity. They exchanged ideas on enhancing economic cooperation and investment opportunities between the two countries.

The exhibition brought together 20 of the largest Emirati companies in various sectors to showcase their products and services in Kuwait’s market. The event included presentations on investment opportunities, trade facilitation, and partnership prospects for businesses in both countries.

The longstanding trade relations between Kuwait and UAE have continued to grow over time, with non-oil trade reaching 45 billion dirhams in 2023. Kuwait is now UAE’s second-largest trading partner globally, reflecting the strong economic ties and collaboration between both nations.

The exhibition provided a platform for Emirati companies to explore new business opportunities in Kuwait while strengthening their presence in the market. The event aimed to foster closer economic relations and partnerships between Kuwait and UAE, benefiting both nations while enhancing regional trade cooperation.

Overall, this meeting signified a significant step towards deepening economic ties between two strategic partners in the Gulf region that share similar goals of promoting growth, prosperity, and development through mutually beneficial business relationships.

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