KUWAIT CITY, Feb 4, (KUNA): Minister of Social Affairs and Labor Hind Al-Sabeeh has underlined the significance of concluding the final draft of the economic activities law to be referred to the Cabinet and then to be approved by the National Assembly.
During an honoring ceremony held by the Secretariat of Supreme Council for Planning and Development on Thursday following the conclusion of the national conference on modern state jobs from an economic point of view, Al-Sabeeh said the law was a recommendation of the conference and a key demand aiming to implement the concept of knowledge economy at government’s economic bodies.
Al-Sabeeh, also Minister of State for Planning Affairs and Development, called for turning the conference’s recommendations into working plans in line with the coming development plan aiming to benefit from knowledge economy to diversify sources of income.
She stressed the need to launch awareness campaigns on the concept of knowledge economy, its goals, and benefits through holding workshops, seminars and lectures in collaboration with the Ministry of Social Affairs and Labor, and other bodies to educate people about this key topic.
The State can reorganize jobs by the law which allows national economic bodies to be independent financially and administratively, while granting them the right of self-financing The ceremony was held by some senior officials, including Secretary General of Supreme Council for Planning and Development Dr. Khaled Mahdi.
France is an important destination for Kuwaiti investments abroad both on the government and private sector levels, Kuwait Ambassador to France Sammy Al-Suleiman said on Wednesday. He stressed the importance of boosting bilateral ties between both nations in the economic and commercial fields. This came in remarks during the Ambassador’s meeting with Chairman of the Paris Chamber of Commerce and Industry (CCIP) Jean-Paul Vermes.
The Ambassador said that the commercial exchange was at around USD one billion in 2014, stressing that both nations were eager to boost the number. Meanwhile, the Kuwaiti side is studying a number of new investments projects in France, the diplomat said. Al-Suleiman offered an official invitation for French companies to take part in the First Investment Forum to be organized in Kuwait on March 8-9, 2016.