Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- His Highness PM's visit to give impetus to ties with China - Amb.  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 02/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Kuwait News Agency (KUNA)) His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah's visit to China, due to start Monday, will give significant impetus to bilateral relations, said Kuwait's Ambassador to China Mohammad Al-Thuwaikh.

"The visit is expected to bolster bilateral relations between the two friendly Asian nations," Al-Thuwaikh told KUNA Sunday.

He described the Kuwaiti-Chinese ties as "strong and steadily developing" in all domains, particularly in the economic, commercial and energy fields.

"Kuwait was the first Gulf state to have full diplomatic relations with the People's Republic of China in 1971, but the bilateral trade ties have started long before that time," the Ambassador said.

He pointed out said His Highness the Prime Minister would have a busy schedule during his four-day visit to China.

"His Highness the Premier will hold talks with several senior Chinese officials at the forefront of them are President Xi Jinping, Prime Minster Li Keqiang and Parliament Speaker Zhang Dejiang," he said.

"Moreover, His Highness the Premier will attend the ceremony of signing several agreements for reciprocal exemption of entry visas for diplomatic and special passports-holders; civil aviation; energy; investment and trade cooperation." The Kuwaiti diplomat noted that His Highness Sheikh Jaber Al-Mubarak will also attend the opening of the Tenth China-Arab States Economic and Trade Forum.

He estimated that the value of trade exchange between the two countries in 2013 at USD 12.3 billion. He pointed out that Kuwait is one of the top ten oil exporters to China.

Kuwait is interested in exploring investment opportunities in China and for his reason, the Kuwait Investment Authority opened a branch in in the Asian nation two years ago, he said.

The Ambassador also stated the Chinese officials and investors have shown interest in investing in Kuwait. They seek to partake in the implementation of state development projects, he added.

He acknowledged the level of educational and cultural cooperation still below the aspirations of the two governments.

With regard to Kuwaiti tourists who visit China, the Ambassador said that Chinese Embassy in Kuwait issued over 10,000 entry visas to China for Kuwaitis in 2013.

His Highness the Premier will be accompanied by a large delegation of ministers, senior officials and economic figures.

Among the delegation members are First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Sabah; Deputy Prime Minister, Minister of Commerce and Industry and Acting Minister of Education and Higher Education, Dr. Abdulmohsen Al-Madaj; and Finance Minister Anas Al-Saleh.

It also includes Kuwait Petroleum Corporation CEO Nizar Al-Adsani; Kuwait Fund for Arab Economic Development Director General Abdulwahab Al-Bader and Kuwait Investment Authority Director General Bader Al-Saad.

 


Kuwait News Agency (KUNA)




  MENA News Headlines
 Oct 23 2014 - Kuwait- Equates wins two regional sustainability awardsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait's EQUATE Petrochemical Company has won two regional sustainability awards in recognition for its social responsibility and national cadres' skills ...

 Oct 23 2014 - Moroccan horse showThe Peninsula
(MENAFN - The Peninsula) Moroccan horsemen perform during the 7th edition of the "Salon du Cheval" (horse show) in the port city of El Jadida. ...

 Oct 23 2014 - Kuwaiti Jazeera Airways net profit up 22.6 percent in Q3MENAFN
(MENAFN) Kuwait-based Al Jazeera Airways group announced it has registered USD28 million in net profit for the July-September period of this year, an increase by 22.6 percent compared to the same ...

 Oct 23 2014 - Qatar- Lekhwiya defeat Al Wakra, Wolves heldThe Peninsula
(MENAFN - The Peninsula) Lekhwiya defeated Al Wakra 2-0 at their home ground here yesterday while Al Sadd were held 1-1 by Al Sailiya.Vadimir Weiss scored in the 68th minute for Lekhwiya and Ahmed ...

 Oct 23 2014 - Ooredoo Kuwait net profit falls by almost half in Q3MENAFN
(MENAFN) Ooredoo Kuwait, the country's No.3 telecom operator by subscribers, announced that its net profit fell by nearly half during the July-September period, Gulf Business reported.The ...

 Oct 23 2014 - Coach asks Qatar to give it all against DPR KoreaThe Peninsula
(MENAFN - The Peninsula) Qatar's coach Felix Sanchez Bas has called on his players to give their all one-last time ahead of today's AFC U-19 Championship final against three-time winners DPR Korea. ...

 Oct 23 2014 - Qatar- Handball: Doha gears up for Asian Club LeagueThe Peninsula
(MENAFN - The Peninsula) Defending champions Al Jaish - thanks to the draw - have managed to avoid a meeting with local opponents Lekhwiya and Al Gharafa in the group stage of the 17th Asian Clubs ...

 Oct 23 2014 - QIMC posts USD38.88m net profit in SeptemberMENAFN
(MENAFN) Qatar Industrial Manufacturing Company (QIMC) revealed the interim financial statements for the period ending in September 30, this year, QNA reported.The interim financial statements ...

 Oct 23 2014 - Qatar will deliver an impressive 2022 World Cup, says BrescianoThe Peninsula
(MENAFN - The Peninsula) Australian midfielder Mark Bresciano is confident that Qatar will deliver an 'impressive' World Cup eight years down the line.Bresciano, who has been playing for the last two ...

 Oct 23 2014 - Qatar- QP hosts team from Kuwait Oil CompanyThe Peninsula
(MENAFN - The Peninsula) Qatar Petroleum (QP) recently hosted a delegation from Kuwait Oil Company (KOC) who visited Qatar to gain insights on QP's marine activities and port operations.Mubarak ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help