Jordan-Kuwait share identical stances on region


24-02-2021 04:40 PM

Ammon News - The Kuwaiti ambassador to Jordan, Aziz Daihani, said Jordanian-Kuwaiti relations are a "distinguished" model in Arab relations due to their "historic" background, adding both countries have common aspirations for the region's future, and share identical political and economic positions.
Speaking to "Petra" on the occasion of Kuwait's National Day, the ambassador said mutual visits and continuous contacts between the two countries' leaderships signal the "deep-rooted" relations, the shared visions, and the keenness to move forward to enhance the existing cooperation to benefit the two brotherly peoples and develop bilateral ties.

The ambassador noted the two countries are working to coordinate stances towards the challenges facing the region and international political changes.

On the economic and commercial ties, Daihani said Jordan and Kuwait recently signed a protocol to strengthen cooperation between the two countries, including economic, commercial, financial and investment aspects, in a way that meets aspirations and rises to the partnership level to address international trade challenges and consolidate fraternal relations on a solid basis.

The ambassador stressed that the two sides seek to increase trade exchange, which exceeded $280 million, pointing out that the Kuwaiti decision-maker seeks to overcome the obstacles that prevent this process.
Kuwait is the first in the Arab world in the field of investments in Jordan, due to Jordan's investor attractive environment, which is characterized by security, safety and stability of legislation, he said, indicating that the volume of Kuwaiti investments in Jordan amounts to $18 billion, including energy, real estate investment or infrastructure sectors.

More than 430 Kuwaiti investment companies are registered with the Jordanian Ministry of Trade and Industry and 77 Kuwaiti investors conduct their business through the Amman Chamber of Commerce (ACC), the diplomat said.
The envoy also referred to the activities of the Kuwait Fund for Arab Economic Development (KFAED) in Jordanian governorates, projects, cooperation, contracts, loans and grants to Jordan.

Noting the educational cooperation, he said the number of Kuwaiti students enrolled in Jordan's universities has reached 4,350 students.

Lauding Jordan’s political role at the regional and global levels, he stressed that Amman's position and pivotal role is due to the King's keenness and "enlightened vision," and his continuous efforts at the regional level.




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