Prime Minister Sheikh Jaber Al Mubarak Al Hamad Al Sabah opened on Wednesday the first Kuwait-Egypt cooperation forum held under the slogan “brotherly partners.”
Addressing the opening session, the head of the Kuwaiti side in the Egyptian-Kuwaiti Cooperation Council Mohamed Jasem Saqr said the forum is aimed at supporting the Egyptian economy
He underlined the deeply-rooted ties between the two countries, addeding that the investment climate in Egypt had largely developed over the past few years, especially after implementing the ambitious economic reform program.
He added that the volume of trade exchange between Egypt and Kuwait – excluding petroleum products – hit dlrs 500 million, stressing that this number does not meet the two countries’ aspirations.
He lauded the strenuous efforts exerted by Egyptian Ambassador in Kuwait Tareq Qouni in arranging the forum.
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