(MENAFN- Qatar News Agency) Kuwaiti Minister of Commerce and Industry Yousef Al Ali and Spanish Minister of Commerce Jaime Legaz signed here today a trade and economic memorandum of understanding (MoU) on several domains. The MoU aims at boosting bilateral relations in economy and trade.
Al Ali stressed that his country looks forward to expanding cooperation with Spain in all trade fields, particularly construction, adding that the MoU focuses on developing trade relations and exchanging mutual visits.
Both countries agreed upon the development of mutual investments in addition to the establishment of an economic committee as a means to enhance mutual economic relations, Al Ali said.
Legaz said that the MoU affirms the importance of boosting trade exchange and investments between the two countries, adding that the two parties have the firm will to promote trade and investment exchange.
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