Kuwait, Ukraine eager to enhance economic cooperation

Member of the Kuwait Chamber of Commerce and Industry (KCCI) Khaled Al-Khalid said Wednesday there is a desire from the Kuwaiti and Ukrainean sides to enhance the level of trade and economic relations to a new level through activation of bilateral agreements. Al-Khalid told Kuwait News Agency (KUNA) on the sidelines of a meeting with a visiting Ukrainian delegation at the KCCI today that the joint efforts made by both sides through the Joint Economic Committee since 2003 have helped develop trade and economic relations. He said that since then, bilateral economic relations have made great strides despite the need for more efforts, bilateral meetings and exchange of visits and delegations. Al-Khalid noted that bilateral meetings are currently being held in Kuwait at the highest levels to further strengthen and consolidate bilateral ties. He said that the Kuwaiti private sector and the KCCI were fully prepared to discuss investment opportunities in all countries, including Ukraine, saying that the two bodies were also showcasing the available investment opportunities in Kuwait and mega projects that Kuwait plans to put forward through the state's development plan. For his part, Deputy Chairman of the National Ukrainian Committee of the International Chamber of Commerce Igor Quris said that the two countries celebrated this year the 20th anniversary of the establishment of bilateral relations that have developed considerably over the past period. He added that there are a large number of bilateral agreements and the two sides are also working to sign other agreements. He invited Kuwaiti businessmen to come to Ukraine to do business and take advantage of its geographical location between the European and Asian continents.