France and Kuwait chart a new economic era with relaunch of French Business Council
The French Business Council will play a central role in this positive trajectory by boosting mutual investments, expanding commercial, economic and financial links, and building long-term partnerships between public and private sector stakeholders in both countries -- H.E. Olivier Gauvin
The Times Kuwait Report
French Ambassador to Kuwait H.E. Olivier Gauvin affirmed that cooperation between France and Kuwait is “diverse, promising and strategically significant,” spanning vital sectors including energy, healthcare, infrastructure, sustainable cities, transport, pharmaceuticals, logistics, artificial intelligence, as well as the financial sector and high value-added services.
The ambassador made these remarks during his speech at the relaunch of the French Business Council in Kuwait, describing the event as a key milestone in the evolution of economic relations between the two countries.
He praised the efforts of the council’s new governance team, commending the chairperson and members for successfully reviving the council after the disruption caused by the COVID-19 pandemic.
He expressed confidence that the coming phase will bring forward new ideas and innovative projects.
The French envoy noted that the relaunch comes at a time when bilateral relations are witnessing unprecedented momentum, with French-Kuwaiti ties currently enjoying strong political and economic growth.
This dynamic, he said, has been reflected in three high-level official visits within a single year, including the visit of His Highness the Amir of Kuwait to France on July 14, during which extensive talks were held with the French President on economic and trade cooperation.
He also highlighted the visits of the French Minister for Foreign Trade and the French Minister of Foreign Affairs to Kuwait.
The ambassador stressed that the French Business Council will play a central role in this positive trajectory by boosting mutual investments, expanding commercial, economic and financial links, and building long-term partnerships between public and private sector stakeholders in both countries.
He explained that the council will serve as a vital platform and bridge connecting companies and business leaders, helping transform opportunities into tangible projects, while also facilitating communication and business networking between the two sides.
The ambassador further highlighted France’s global leadership in advanced technology and innovation, noting the strong alignment between Kuwait Vision 2035 and France 2030, which opens broad horizons for effective strategic partnerships.
He added that the relaunch carries special significance as France and Kuwait prepare to celebrate the 65th anniversary of diplomatic relations this year, recalling that the friendship between the two nations extends over more than 200 years of solid cooperation and partnership.
