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Trade ties with UK hailed

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KUWAIT CITY, Oct 31: Kuwait Chamber of Commerce and Industry (KCCI) said Sunday Kuwaiti-UK economic and trade relations, which were forged over 120 years back, are firm and deep-rooted. The remark was made by KCCI Member and Member of the Arab-British Chamber of Commerce (ABCC) Diraar Al- Ghanim while meeting British Secretary of State for International Trade Ranil Jayawardena, with Vice-Chairman of the Kuwait Banking Association Sheikh Ahmad Duaij Al-Sabah attending.

The meeting, which came at the invitation of the British Embassy in Kuwait, touched upon ways of promoting bilateral economic relations, with the UK secretary underlining the significance of periodical meetings with the Kuwaiti private sector, represented by the KCCI, according to a chamber release. It quoted the secretary as saying that his country’s government attaches much significance to relations with the GCC countries, particularly following Brexit, and looks forward to launching free trade agreement negotiations with them. He reassured that the British economy is recovering from the negative economic impacts of the novel Coronavirus (Covid-19) pandemic, hoping that these effects would be totally overcome very soon. (KUNA)

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