Ambassador urges Kuwaiti-German trade increase

BERLIN, Kuwait’s Ambassador to Germany Najib Al-Bader has called for a boost of trade and investment between Berlin and Kuwait.

During talks with Arab-German Chamber of Commerce and Industry President Peter Ramsauer, with Berlin being the largest recipient of investments in Europe, he remained optimistic a trade balance was achievable.

Al-Bader said, so far, the stability of trade is satisfactory, adding Kuwait welcomes the further entry of German companies into its market in accordance with its 2035 ‘New Kuwait’ national development plan.

The chamber, he said, plays an important role in ushering forward economic cooperation between the Arab region and Germany, regarded the world’s fourth largest economy.

Source: Kuwait News Agency