The Independent Industrialists’ and Businessmen’s Association (MÜSİAD), in collaboration with the Kuwait Chamber of Commerce and Industry and the Embassy of the Republic of Türkiye in Kuwait, successfully organized the Türkiye–Kuwait Business Forum and B2B Meetings on Tuesday, reaffirming the growing momentum in economic and commercial relations between the two friendly nations.
Hosted at the premises of the Kuwait Chamber of Commerce and Industry, the forum brought together senior officials, business leaders, and investors from both countries, providing a high-level platform to explore new avenues of cooperation and investment.
Addressing the opening session, H.E. Tuba Nur Sönmez, Ambassador of the Republic of Türkiye to Kuwait, expressed her satisfaction with the steady growth in bilateral trade, noting that trade volume between Türkiye and Kuwait has exceeded US $1 billion for the first time since the COVID-19 pandemic.
She highlighted that the leadership of both countries has set an ambitious target to raise bilateral trade to US $5 billion, emphasizing that business forums and direct engagement between private-sector stakeholders play a crucial role in achieving this goal.
Ambassador Sönmez reaffirmed the Embassy’s full commitment to supporting Turkish and Kuwaiti companies, stressing that diplomatic missions remain accessible partners for facilitating investment, resolving challenges, and encouraging sustainable economic collaboration.
As part of the forum, representatives of Turkish companies operating across key sectors — including construction, energy, tourism, information technology, manufacturing, and food industries — held a series of structured business-to-business (B2B) meetings with their Kuwaiti counterparts. The discussions focused on joint ventures, sector-specific cooperation, investment frameworks, and long-term commercial partnerships.
Participants noted that the forum contributed significantly to strengthening the economic dimension of the already strong bilateral relationship, while fostering a shared vision of sustainable, mutually beneficial, and long-term cooperation between the private sectors of both countries.
During their visit to Kuwait, the MÜSİAD delegation also conducted official visits to the Union of Investment Companies (UIC) and the Kuwait Investment Authority (KIA), where in-depth discussions were held on investment opportunities, financial cooperation, and mechanisms to enhance trade and capital flows.
The delegation was also received by Ambassador Tuba Nur Sönmez, with meetings focusing on current initiatives and future prospects for Türkiye–Kuwait economic relations.
Founded in 1990, MÜSİAD is one of Türkiye’s leading business-oriented non-governmental organizations, representing more than 14,000 members with offices in 78 provinces across Türkiye and a presence in 99 countries worldwide. Its diverse membership spans sectors such as industry, trade, energy, construction, information technology, tourism, and services.
Through its extensive network and global outreach, MÜSİAD plays a vital role in supporting Türkiye’s production capacity, employment growth, and export performance, while serving as a dynamic platform for fostering cooperation and strengthening economic ties at both regional and international levels.
