Kuwait’s Prime Minister Jaber Al-Mubarak Al-Hamad Al-Sabah will be visiting India next week to pave way for economic cooperation and strengthen bilateral relationship between the two countries. This will be the second visit ever by a Kuwait Prime Minister, the last being in 1964.
“The visit will aim at strengthening the ties of the two countries and significant issues like that of security in the Gulf, situation in the Middle East countries, cooperation in oil and natural gas, expansion of bilateral trade and intensifying cooperation in finance, investments and business opportunities,” said the Ambassador of Kuwait, Sami M Al Sulaiman, at a Press conference organised at the Embassy of Kuwait in the Capital.
“With India importing petroleum from Kuwait worth approximately $15.67 billion, Kuwait is the second largest supplier of oil from the GCC countries after Saudi Arabia and meets 10 to 12 per cent of India's energy needs,” said Sulaiman.
During the visit, Al-Sabah will also attend a business interaction organised by FICCI, ASSOCHAM and CII to create more business opportunities between both the countries, said the Ambassador.
The Kuwait PM is scheduled to arrive on November 7, on a three-day visit along with a high-level delegation, including Ministers of Foreign Affairs, Commerce and Oil. The delegation also includes CEO of
Kuwait Investment Authority, CEO of Kuwait Petroleum Corporation, Chairman of Public Authority of Civil Aviation and businessmen of 13 leading companies of Kuwait.