‘Economy, political ties go hand-in-hand’

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KUWAIT CITY, Nov 3: Solid political relations are often forged on the bedrock of shared economic and trade benefits, Kuwait’s Chamber of Commerce and Industry chief Mohammad Al-Saqer told an Arab-UK economic summit on Wednesday. Underlining Kuwait’s eagerness to join such gatherings, he told KUNA on the sidelines of the 2nd Arab-British Economic Summit that Britain’s ties with the wider Arab region dates back more than two centuries.

Chairman of the Kuwait Chamber of Commerce and Industry Muhammad Al-Saqer during his participation in the activities of the second Arab- British Economic Summit.

Echoing the Kuwaiti official’s sentiments, Qatar’s chamber of commerce chief Sheikh Khalifa Al-Thani said Gulf Cooperation Council member states are among Britain’s most trusted trade partners, pointing out that bilateral trade between London and the Gulf Arab bloc was worth USD 38 billion last year. (KUNA)

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