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Kuwait, Saudi Arabia should develop trade, investment cooperation: KCCI

Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer.
  • Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer called for more bilateral efforts to achieve the desired economic goals
  • On ongoing economic and political developments in the Kingdom, Al-Saqer noted that the Kingdom is an ideal example to follow

Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer stated Wednesday that Kuwait and Saudi Arabia have great potential to develop trade and investment cooperation.

During a meeting with Saudi Ambassador to Kuwait Prince Sultan bin Saad Al-Saud, Al-Saqer praised the “brotherly relations” between the two countries, adding that more efforts should be made to achieve the desired economic goals.

Al-Saqer referred to the Kuwaiti-Saudi Economic Forum, which was held on the sidelines of the Crown Prince, Deputy Prime Minister and Minister of Defense Mohammad bin Salmanآ’s vist to Kuwait last December, stressing that the forum achieved great success as several partnership agreements were signed between Kuwaiti and Saudi companies.

On ongoing economic and political developments in the Kingdom, Al-Saqer noted that the Kingdom is an ideal example to follow. 

Prince Sultan expressed gratitude to the Chamber for its important role in developing the bilateral trade relations between the two countries. He referred to the efforts made by the Kingdom to facilitate entry into the Saudi market to attract Gulf and foreign investors. .