KUWAIT CITY, July 25, (KUNA): Kuwait makes it a point to keep abreast of global efforts to stifle such nefarious practices as money laundering and terror financing, the country’s Minister of Commerce and Industry Khaled Al-Roudhan said Wednesday.
Kuwait has made tremendous headway in the fight against these unscrupulous deeds, Al-Roudhan was cited as saying in a statement issued by the ministry of commerce and industry. He added that the ministry, which is currently involved in a workshop in conjunction with the US Department of Justice over detecting suspicious business transactions, has taken steps to keep money- laundering operations at bay. “Luring investment is highly contingent upon a vibrant business environment,” the minister emphasized, citing the need for rigid anti-money laundering legislation.
Local bodies and a phalanx of experts have assembled for the workshop, which is scheduled to end later on Wednesday. Meanwhile, Kuwait Food Bank (KFB) launched on Wednesday its food parcels project dubbed ‘Be a Partner In Giving” under auspices of the Ministry of Social Affairs and Labour in cooperation with the Union of Consumer Co-operative Societies (UCCS).
The project aims at offering basic food material to people in need. Deputy Chairman of the Board of Kuwait Food Bank Meshal Al-Ansari said during a press conference today that food parcels project comes in completion of charity initiatives launched by KFB in cooperation with the civil society institutions and in order to meet the needs of poor people.
This project is the first of its kind in the country, as it offers food parcels including basic food materials to people in need in various parts of the country, Al-Ansari said. KFB will distribute 360 transparent boxes in order to collect donations in all cooperative societies across the country to facilitate the donation process. Assistant Undersecretary at the Ministry of Social Affairs for Cooperative Affairs Abdulaziz Shuaib said on his part during the press conference that the Ministry totally supports charity projects by facilitating its work in cooperation with various state’s institutions.
Meanwhile, Assistant Undersecretary of the Ministry of Social Affairs for Development Hassan Kathem, expressed his happiness for launching this project. KFB Director General Salem Al-Hamar said that this parcel will satisfy the needs of poor families in Kuwait for a period of one month. KFB was founded upon an initiative by businessman Bader Nasser Al-Kharafiback in 2016 in order to save food form wasting and offer food and humanitarian assistance to to people in need, locally, regionally and internationally.