Wed. PM TNT News Articles 8-24-21



Kuwaiti newspaper: Al-Kazemi’s government is working to remove obstacles facing investors

Kuwaiti newspaper Al-Rai revealed, on Tuesday, August 24, 2021, the scenes of the meeting of Prime Minister Mustafa Al-Kazemi at the Kuwaiti Chamber of Commerce and Industry, during his visit to .Kuwait

The newspaper said that the Chamber of Commerce and Industry opened its door to receive the Iraqi Prime Minister Mustafa Al-Kazemi and his accompanying delegation, on the sidelines of his official visit to Kuwait, where its Chairman, Muhammad Al-Saqr, expressed the chamber’s pride in the share it had in Al-Kazemi’s visit to Kuwait, .despite its short duration and crowded program.

According to the newspaper, Al-Kazemi expressed his happiness at visiting the chamber, stressing his keenness to .strengthen development partnerships between the two countries

Al-Kazemi indicated that Kuwait has a wise vision in directing its foreign policies, based on a long legacy of good .experiences and initiatives that have been crowned with success

He pointed out that the Iraqi government is striving to facilitate the movement of intra-trade and raise the level of trade exchange between Kuwait and Iraq, which does not reach the desired level during the current period, .through the efforts being made to remove any obstacles facing the entry of Kuwaiti goods into Iraq

Al-Kazemi reviewed the most important features of the Iraqi economy and the most prominent sectors that attract investment, the most important of which is food security, especially in the agricultural field, which is a fertile investment environment, in addition to the state’s regulations and legislation aimed at attracting and encouraging .foreign investment in other sectors of common interest

He affirmed the government’s keenness to solve all obstacles facing prospective Kuwaiti investors, and to develop .appropriate solutions to the difficulties facing existing Kuwaiti investments and to protect their rights

For his part, Al-Sager said that Kuwait, with the nature of its geographical neighborhood, economic integration, and societal rapprochement with Iraq, thanks to its infrastructure with its ports, roads and communications, the capabilities of its banking system, and the richness of its investment experience, stands fully qualified to be at the .forefront of Iraq’s strategic partners in trade, finance and services

Al-Sager pointed out that the development partnership project between the two countries definitely needs official support and sponsorship, especially since all indicators and trends at the regional and international levels confirm .that the private sector is the one that can and should play the primary role in building this partnership

He stressed that the International Conference for the Reconstruction of Iraq, which was called and organized by Kuwait in 2018, was a declaration that was neither clearer nor more comprehensive than the state’s commitment to support and support development efforts and projects in Iraq, within the framework of a partnership that achieves the interests of both parties, and from a future perspective free from the effects of heritage. and his .accounts

Al-Sager indicated that the position of the Kuwaiti private sector, in turn, is fully consistent with the position of the state, and that the physical and electronic portals of the Chamber of Commerce and Industry in Kuwait are .legitimized to push in this direction

Al-Sager said: Our sincere enthusiasm for the economic partnership project must not forget us in Kuwait and Iraq together, that our success depends in the final analysis on the presence of a strong private sector, and on .providing a fair, safe and stable investment environment in the two countries

In honor of Al-Kazemi, an official dinner was held, which was attended by ministers and dignitaries accompanying .the Iraqi prime minister

It was also attended by Minister of Oil and Higher Education Muhammad Abdul Latif Al-Faris, Minister of Foreign Affairs Ahmed Nasser Al-Mohammed Al-Sabah, Minister of Interior Thamer Ali Sabah Al-Salem Al-Sabah, Minister of Trade and Industry Abdullah Issa Al-Salman, a number of members of the Chamber’s board of directors, .representatives of quality unions and a number of Kuwaiti companies, according to the newspaper   link

Source: Dinar Recaps


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