Egyptian President seeking bilateral trade boost with Kuwait

Egyptian President seeking bilateral trade boost with Kuwait
February 2, 2022, 5:04 pm

Abdel Fattah El-Sisi/Shutterstock

The Arab News reported, Egyptian President Abdel Fattah El-Sisi said that he hopes to increase trade and joint investment projects between Egypt and Kuwait.

During a reception on Wednesday with Mohamed Jassem Al-Saqr, chairman of the Kuwait Chamber of Commerce and Industry, El-Sisi said that the Egyptian government is keen to communicate with Kuwaiti investors in order to support their activities in Egypt and overcome any obstacles they face.

Presidential spokesman Ambassador Bassam Radi said that El-Sisi believes that “the historical relations between Egypt and Kuwait are firm on all levels,” and that support for the stability of Kuwait and the entire Gulf region is part of Egypt’s national security.

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The spokesman added that the meeting included discussions on ways to support the Egyptian-Kuwaiti Business Council in its efforts to increase communication and interaction between business leaders in the two countries, reviewing available investment opportunities and discussing joint projects, especially in the fields of infrastructure, clean energy and water desalination.

Source: arabnews

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