Latest NewsPakistan & Kuwait agree to boost ties in trade sectors

Pakistan & Kuwait agree to boost ties in trade sectors

Pakistan & Kuwait agree to boost ties in trade sectors. Both countries agreed to boost economic ties in key areas, mainly in the energy and trade sectors.

The agreement came on Tuesday through a meeting among Minister for Planning, Development and Special Initiatives Ahsan Iqbal and Minister for Finance of Kuwait Abdul Wahab Al-Rasheed.

Throughout the meeting, Ahsan Iqbal said that both countries have a solid relationship and they have decided to increase economic cooperation in areas of attention that contain trade and investment, mainly in the energy sector.

They also debated growing entrance to the Kuwaiti market for Pakistani products as well as labour force.

Throughout the meeting, opportunities offered by China-Pakistan Economic Corridor (CPEC) also came under talk, mainly Pakistan’s success in turn off around the energy sector in the course of the last decade.

Pakistan & Kuwait agree to boost ties in trade sectors. Kuwait’s Minister for Finance Abdul Wahab Al-Rasheed valued the role of Pakistani workers in the development of Kuwait and respected the strong cultural, religious, and economic ties between both nations.

He decided that a lot of room for growing economic cooperation among both countries. And planned to follow-up meetings to implement the ideas debated during the meeting.

Read Also: Government increases petroleum levy on diesel

Expected that the meeting help in increasing the ambit of Pak-Kuwait relations by beating the potential that both markets presented.

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