KUWAIT UNDERLINES IMPORTANCE OF TRADE WITH IRAQ

DEAD SEA - Kuwait's Minister of Commerce and Industry and Acting Minister of State for Youth Affairs, Khaled Al-Roudhan, underlined on Saturday, Kuwait's keenness in developing trade with Iraq, and boosting amount of imports and exports between the two countries.

Al-Roudhan made his remarks to KUNA, after meeting Iraqi President, Fuad Masum, on the sideline of the World Economic Forum (WEF) on the Middle East and North Africa, at the Dead Sea.

The minister added, his meeting with the Iraqi leader highlighted ways of bolstering cooperation in bilateral trade, and activating signed agreements between the two countries, including opening up borders for trade.

Al-Roudhan said, trade with Iraq and opening markets were the main issues tackled during the meeting, noting that, despite Kuwaiti market being small, in comparison with markets in neighbouring countries, there is a need to expand joint economic and trade relations.

The meeting also delved into the importance of trade with other Arab countries, and boost economic integration, to enable it compete with world economies, including searching for solutions to develop bilateral economies more effectively.

The meeting was also attended by the Minister of Social Affairs and Labour and Minister of State for Economic Affairs, Hind Al-Sabeeh, as well as, several senior officials, economists and business leaders.

Source: NAM News Network