kuwaiti finance minister meets chinese officials
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Kuwaiti finance minister meets Chinese officials

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Kuwaiti finance minister meets Chinese officials

Beijing - Qna

Kuwaiti Finance Minister Mustafa Al-Shimali and Yi Gang, Deputy governor of the People\'\'s Bank of China and administrator of the State Administration of Foreign Exchange, agreed on Monday to step up financial and economic cooperation between the two countries in the face of the ongoing global financial challenges. Speaking to Kuwait News Agency (KUNA) after the talks in the Chinese capital, Al-Shimali said that they exchanged views on their countries\'\' fiscal policies and other economic and banking related issues. The both sides also welcomed the establishment of Kuwait Investment Authority (KIA) Beijing Representative Office, saying the fresh Kuwaiti presence here will push bilateral partnership towards a new high and benefit the both countries. In his separate meeting with Lou Jiwei, Chairman and CEO of China Investment Corporation (CIC), the two sides shared wide-ranging common interests and agreed to strive to boost mutual investment. Established in 2007 as a wholly state-owned corporation with a registered capital of USD 200 billion, CIC is one of the world\'\'s largest sovereign wealth funds and is responsible for managing part of China\'\'s USD 3 trillion foreign exchange reserves. While Al-Shimali and Lou highly valued KIA\'\'s presence in Beijing, investments in Kuwait from Chinese companies were also at the focus of their meeting, with Al-Shimali calling for China\'\'s more active engagement in Kuwait\'\'s five-year development plan running through 2014. The ambitious development plan would pave the way for Kuwait to become a regional trade and financial hub through sustaining economic development, economic diversification and GDP growth. Mega projects involve renewing energy and oil facilities, the establishment of the new business hub called Madinat Al-Hareer (Silk City), a major container harbor, a 25-km causeway, railway and metro system, infrastructure, hospitals, institutes, and universities.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwaiti finance minister meets chinese officials kuwaiti finance minister meets chinese officials

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwaiti finance minister meets chinese officials kuwaiti finance minister meets chinese officials

 



GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 09:36 2017 Thursday ,07 December

Heidy Karam’s contract to present talk show close

GMT 10:50 2012 Friday ,20 January

Dusty weather expected in UAE on Friday

GMT 09:35 2018 Saturday ,13 January

New Zealand bat first in third ODI against Pakistan

GMT 10:48 2017 Saturday ,23 December

Meryl Streep's brand under threat

GMT 06:53 2017 Thursday ,11 May

17th Doha Forum To Begin Sunday

GMT 10:30 2017 Thursday ,23 November

Reports underline proliferation of weapons in Arab world

GMT 07:46 2017 Monday ,30 October

Catch it early, treat it early and move on

GMT 08:05 2015 Tuesday ,17 February

Conan O'Brien is first late night host to film in Cuba

GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice