19 billion dollars in the volume of Kuwaiti investments in Germany

19 billion dollars in the volume of Kuwaiti investments in Germany

Acting Deputy Foreign Minister Ambassador Walid Al -Khabazi confirmed that the volume of Kuwaiti investments in Germany exceeds 19 billion dollars in addition to the private sector investments in Germany.

Al -Khubii added in a press statement on the sidelines of a ceremony held by the German embassy in Kuwait on the occasion of the National Day of Germany that these investments are evidence of the confidence of the Kuwaiti investor, whether governmental or for the safe and attractive investment environment.
He praised the “prestigious bilateral relations” that link Kuwait to Germany, which has dated 58 years ago.

1964
Al -Khobezi recalled “the German position supporting the State of Kuwait during the period of the brutal Iraqi invasion” on his country, praising coordination and consultation between the two countries in international forums regarding various regional and international issues.
He pointed to the upcoming visit of German Minister of State Dr.

Tobias Lindner to Kuwait next Thursday, which constitutes an opportunity to discuss bilateral issues and ways to enhance cooperation, in addition to developments in regional and international conditions.

He stressed that Germany is one of the favorite tourist destinations for Kuwaiti citizens and attracts thousands of them for the purpose of tourism and also to receive treatment, praising Germany’s support for the (Shanjan) file for the State of Kuwait and its aspiration to continue this support to reach the exemption..

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