Jordanian-Kuwaiti ties extolled

Jordanian Prime Minister Abdullah Ensour lauded the solid ties with the state of Kuwait and described them as "ever growing" due to great efforts from the two leaderships.Ensour said in an exclusive interview with KUNA, Tuesday, that these strong ties are built on mutual interests and stressed that both countries aspire for more cooperation that comes in line with the joint Arab framework.He also noted that Kuwait and Jordan defend crucial Arab issues in order to establish peace and stability in the region and they always encourage economic cooperation to achieve prosperity among Arab countries.The Jordanian Prime Minister expressed his appreciation to the support given by Kuwait within the GCC grant programs that reached up to USD 1.25 billion which helped his country to face its economic challenges. He also pointed out that Kuwait has been a welcoming second home to all of Jordan's nationals living in the gulf country.Jordanian-Kuwaiti economic cooperation is an exemplary of the joint Arab cooperation where both countries seek setting up strong economic and financial ties in all domains. Therefore, "I express my deepest appreciation to His Highness the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah for such support," Ensour noted.He further said that Jordan will always facilitate investments from Kuwaiti businessmen in his country. "We need Kuwaiti investments," because the steady or even increased Kuwaiti investments would strengthen Jordan's economy especially in a politically-changed scene in the region that affects the economy of his country.He pointed out that Kuwaiti investments are safe in Jordan due to the country's clear regulations and efficient banking laws."We always strive to solve any obstacles Kuwaiti businesses might encounter." There are USD 10 billion-worth of Kuwaiti investments in Jordan and more than 5,200 Kuwaiti students studying there. Jordan is the number one beneficiary of Kuwait Fund For Arab Economic Development where 25 projects were funded by it worth USD 610.8 million between 1962 to 2012.Kuwait also has given Jordan USD 1.25 billion through the GCC development fund to be allocated to setting up developmental projects.