Al-Sager Discusses Strengthening Economic Cooperation with Germany

  • Kuwait City, State of Kuwait
  • 20 January 2021

The President of the Kuwaiti Chamber of Commerce and Industry, Muhammad Al-Sager, affirmed that Kuwait and Germany have good potentials to develop trade and investment cooperation between them, which must be taken advantage of.

This came on the sidelines of his reception of the German ambassador to Kuwait, Stefan Möbs, in the presence of the Chamber's Director General, Rabah Al-Rabah, where the history of the distinguished economic relations between Kuwait and Germany were discussed.

Al-Sager stressed the need to provide the Chamber with investment projects, available commercial opportunities, and incentives that attract direct capital, to be disseminated to those interested in the Kuwaiti business sector. Affirming that the Chamber is fully prepared to provide all its services to reach positive results between the two friendly countries, pointing out that the Kuwaiti private sector has investment experiences that are successful and exemplary in many countries of the world.

For his part, Möbs expressed his happiness to visit the chamber, appreciating its great efforts in order to consolidate relations between the two countries, stressing his keenness to deepen economic and commercial relations, to consolidate, enhance and develop economic and commercial cooperation, in order to achieve the mutual interests of the business sector on both sides.

He also pointed out to the necessity of establishing strategic partnerships to open new economic horizons, stressing his enthusiasm to listen and get acquainted with the views of the Kuwaiti private sector on how to increase the volume of investments in commercial and economic fields in Germany.

Source (Al-Rai Newspaper-Kuwait, Edited)

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