His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah with HH the Crown Prince Sheikh Nawaf Al-Ahmad Al-Sabah
Parade on Nov 10 to mark 50th ’versary Constitution helped shape Kuwait’s economy – experts

KUWAIT CITY, Nov 8, (KUNA): Safe-guarding the Constitution helps protect Kuwait on so many levels, especially within the economic sphere where the Constitution played an integral role in shaping the modern Kuwaiti economy, affirmed experts here in remarks on Thursday.

In interviews with Kuwait News Agency (KUNA), experts agreed that this important national document helped shape the Kuwaiti economy since it came into existence.

Chairman of Kuwait Industries Company Holding Mohammad Al-Naki told KUNA that prior to the constitution and the discovery of oil, Kuwait was known for its active business and commerce, but indicated that with the introduction of the Constitution, the country had set the guidelines that would connect it with the world.

The Constitution had opened the gates for Kuwait to deal with nations from all around the globe, said Al-Naki, adding that after the independence, the country started to further develop itself, adding that the discovery of oil helped along an economic boom.

“The wealth was distributed amongst the masses after the economic boom brought on by the discovery of oil,” said Al-Naki, affirming that by doing so, Kuwait became amongst the pioneering states in social welfare.

For his part, Chairman of the Real-Estate Union of Kuwait (REU) Tawfiq Al-Jarrah said that the Constitution had organized relations between all authorities in the country, leading to a stable strong country. The document safeguarding freedoms made the Kuwaiti economy strong and vibrant. It was through the Constitution that Kuwait Stock Exchange got its rules of engagement shaped and fine-tuned, said Al-Jarrah. He added the real-estate business also benefited from the constitution and ushered a country with a diversified urban and property infrastructure.

Speaking on safe-guarding the Constitution, economic expert Najah Al-Suwaidi also told KUNA that Kuwaitis should refer to the document in times of need to solve dispute and to further develop the country.

“It is our duty to protect this document, as urged by our leadership.” Kuwait is to celebrate the 50th anniversary of the Constitution next Saturday with a parade of a four-kilometer stretch, along Gulf Street.
Meanwhile, the Director-General of Kuwait Ports Authority Sheikh Sabah Jaber Al-Ali Al-Sabah underscored the important role of the Constitution of the State of Kuwait in maintaining the stability of the country and promoting development.

In press statements on the occasion of the 50th anniversary (Golden Jubilee) of the issuance of the Constitution, Sheikh Sabah Jaber Al-Ali said that Kuwaitis, leadership and people, have accepted the Constitution as basis for cooperation to build Kuwait’s modern state.

“The Constitution articles, in general, have written to consolidate the foundations and principles of Kuwait since its inception,” he said.

He pointed out that Kuwaitis, since their early history, have been embracing consultation, democracy and popular participation as principle for life and joint action.

These principles have been approved and developed into constitutional articles in Kuwait’s Constitution, he said.

Kuwait’s Constitution was issued on November 11, 1962 by a decree from the then-Amir Sheikh Abdullah Al-Salem Al-Sabah, the 11th ruler of Kuwait.

“The Constitution have greatly contributed to the building of the modern state of Kuwait, and moved the society for the stage of tribalism and sectarianism to the stage of the state of law and institutions,” he added.

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