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Kuwait, China ink several agreements, MoUs to boost ties
July 9, 2018, 2:37 pm

The reception ceremony for the official state visit of His Highness the Amir of Kuwait H.E. Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and his accompanying delegation to China began at Great Hall of Beijing, the capital of China with the presence of President Xi Jinping and senior officials on Monday.

After the ceremony, His Highness the Amir and President Xi met for official talks between Kuwait and China. The discussions focused on the historic bilateral ties between their countries in addition to ways and means to develop the partnership on all possible domains, especially within the economy.

The talks happened in a relaxed and friendly atmosphere,  and also touched on coordinating efforts within the regional and international spheres, as well as issues of common interest.

Furthermore, His Highness the Amir extended an official invitation to President Xi to visit his country. In the presence of His Highness the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and Chinese President Xi Jinping, Kuwait and China signed several agreements and Memorandum of Understandings aimed at boosting ties.

During the ceremony, Kuwait - represented by Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah -- and China -- represented by Chinese Foreign Minister Wang Yi -- signed a cooperation mechanism between the governments of the two states. A cooperation protocol to boost defensive industry cooperation was signed by Foreign Minister Sheikh Sabah Al-Khaled and executive at the Chinese State Administration of Science, Technology and Industry for National Defense Zhang Youxia.

A bilateral cooperation agreement was signed between Kuwait's Minister of Social Affairs and Labor and Minister of State of Economic Affairs Hind Al-Sabeeh as well as Vice Chairman of the Chinese National Development and Reform Commission (NDRC) Zhang Yong.

A MoU on e-commerce cooperation was signed between Kuwaiti Minister of Commerce and Industry Khaled Al-Roudhan and Chinese International Trade Representative and Deputy Minister of Commerce Fu Ziying.

A MoU to encourage investment was signed by Director General of Kuwait Direct Investment Promotion Authority (KDIPA) Sheikh Mishal Al-Jaber Al-Ahmad Al-Sabah and Chairman of the China Council for the Promotion of International Trade (CCPIT) Jiang Zengwei.

A cooperation agreement was signed between Kuwait Petroleum Corporation (KPC) and China Export and Credit Insurance Corporation (Sinosure). KPC's CEO Nizar Al-Adsani and Sinosure's Wang Yi inked the deal.

A memo on developing smart applications for Kuwait's Al-Harir City and Boubyan Islands projects was signed between Chairman of the Board and CEO of Kuwait's Communication and Information Technology Regulatory Authority (CITRA) Salem Al-Othainah and Chairman of Huawei Technology Liang Hua.



Source: KUNA

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