The Kuwaiti-Egyptian work team on economy, trade and investment on Monday held its second meeting in Cairo today.
Leading the Kuwaiti side, Assistant Undersecretary for Foreign Trade and International Organizations Affairs at the Ministry of Commerce and Industry Sheikh Nimr Fahad Al-Malik Al-Sabah, stressed the significance of the work team for the good of both countries.
Sheikh Nimr confirmed to KUNA Kuwait's keenness on Egypt's political and economic stability.
The first meeting of the joint work team was held in September, as it was previously agreed upon between Kuwait's First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah, and his counterpart in the former Egyptian government Nabil Fahmi, on the priorities of Kuwaiti economic support to Egypt.
Sheikh Nimr lauded the facilities offered by the Egyptian officials to complete the amendments to the bilateral agreement on trade and industrial cooperation.
The proposed agreement aims at enhancing bilateral trade, boosting ties between the private sector in both countries and exchanging visits by economic delegations.
Today's meeting also reviewed an MOU for organizing joint fairs, he said, hoping it would be "rapidly" accomplished and inked to be submitted to a joint ministerial meeting to be held in Kuwait.
The Kuwaiti side will propose that the third meeting of the team would be held in Kuwait, Sheikh Nimr told KUNA.
GMT 00:37 2018 Wednesday ,24 January
Bitcoin slumps below $10,000GMT 22:49 2018 Tuesday ,23 January
Sharjah apartment rents see steep decline in 2017GMT 19:15 2018 Tuesday ,23 January
Emirati fined Dh2.2m for embezzling public fundsGMT 22:27 2018 Monday ,22 January
Jafza bridge benefits trade, logistics supply chainGMT 22:21 2018 Monday ,22 January
Damac chairman to speak on digital skillsGMT 10:55 2018 Monday ,22 January
Bahrain-Indian economic ties discussedGMT 22:42 2018 Saturday ,20 January
'Massive' infrastructure spending needed in AfricaGMT 12:49 2018 Tuesday ,16 January
Tabarak Buys Majority Stake in a Private CompanyMaintained 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 ©
Send your comments
Your comment as a visitor