Kuwait Assigns Economic Panel to Implement Agreements with China

KUWAIT – The Cabinet on Monday instructed its Economic Committee to implement without delay the agreements recently signed with China, while urging the private sector to take advantage of the positive opportunities of these transactions.

Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah at Seif Palace, said the private sector should "deal in a positive and serious way with the results" agreements with the aim of obtaining common benefits, vice -Prime Minister and Minister of State Anas Al-Saleh said in a statement after the meeting

The agreements were signed during the official visit of His Highness Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah in China. Sheikh Sabah Al-Khaled hailed the vision of His Highness Emir during his visit, praising his results aimed at establishing a strategic partnership and consolidating economic and political relations and cooperation. Sheikh Sabah Al-Khaled said that Kuwait enjoyed economic and commercial potential that allowed it to be a paradise for investment in the northern Arabian Gulf.

Meanwhile, the Cabinet reviewed the results of talks between His Highness the Emir and Chinese President Xi Jinping, which focused on the establishment of a strategic partnership. The two countries signed seven agreements during the visit. His Highness the Emir also participated in the Sino-Arab Cooperation Forum

The two countries signed a memorandum of understanding on consultation and coordination on regional and international issues, as well as on strengthening strategic collaboration on the belt and the road. honor Kuwait's 2035 vision. They signed a protocol on the defense industry, aimed at promoting cooperation in the purchase and transfer of equipment, spare parts and raw materials related to the armament and technology, joint research and development.

They signed a framework agreement for cooperation in the planning of silk city, five islands of Kuwait, energy, transport infrastructure and the improvement of national transportation networks and regional. Kuwait and China have signed an e-commerce agreement to promote sustainable development, explore e-commerce opportunities, support trade in high-quality products, create an enabling environment for the development of communications and trade-related policies.

They signed a memorandum of understanding to encourage direct investment, intended to allow companies to develop exhibitions and activities to expand cooperation in direct investment

Investigation
The Minister of State for Services opened an investigation into the suspicions of corruption in the tender of the Ministry of Communication

after the Deputy Prime Minister and Minister from the State for Cabinet Affairs, Anas Al-Saleh, informed the ministers. Central Agency for calls for tender on this issue. Al-Saleh also badessed the inaction of the Cabinet of the Ministry of Information to sign a contract for a tender, so the Cabinet badigned Minister of Information and Minister from state to youth to investigate this case. The Cabinet asked the Minister to refer the file to the Kuwait Anti-Corruption Authority (Nazaha) in case corruption is confirmed.

Meanwhile, Sheikh Sabah Khaled informed the Cabinet of the results of a meeting of the World Coalition against State (IS), which was held at NATO headquarters. Sheikh Sabah Al-Khaled said the participants discussed ways to enhance cooperation among coalition members to deal with ISIS, said Deputy Prime Minister and Minister of State for Foreign Affairs Cabinet, Anas Al-Saleh. the achievement of peace and security in the Middle East. Sheikh Sabah Khaled attended the meeting at the invitation of US Secretary of State Mike Pompeo and NATO Secretary General Jens Stoltenberg. Participants discussed the latest efforts to combat ISIS and ways to support stability in Iraq and throughout the region.

Addressing the meeting, the Kuwaiti Minister praised the efforts of the members of the international coalition and their effective participation in a ministerial meeting in Kuwait. On February 13, 2018. He highlighted the world wars and armed conflicts that have affected societies and peoples, adding that the shared responsibility of all member states is to take over the relevant ramifications.

The Cabinet condemned the terrorist explosions in Pakistan and Afghanistan. reaffirming the rejection of all forms of violence and terrorism. The government also regretted the floods in Japan that killed many people while others are still missing. The government has expressed its condolences to the government and the families of the victims. The Cabinet, meanwhile, welcomed a declaration of peace and friendship between Ethiopia and Eritrea, which would settle disputes between the two countries in order to establish peace and security. good neighborhood.