Kuwait commerce minister en route to U.S. on business mission

KUWAIT, Kuwait’s Minister of Commerce and Industry Khaled Al-Roudhan flew to the United States of America on Tuesday on a visit during which he would hold talks with his US counterpart, Wilbur Louis Ross, on means of promoting the domestic investment environment and cementing commercial relations between the State of Kuwait and the US.

The Ministry of Commerce and Industry said in a statement that al-Roudhan would also discuss with his American counterparts expertise swap, with aim of increasing commercial exchanges between the two countries.

Minister Al-Roudhan is also scheduled to lecture at the US chamber of commerce, hold talks with officials of the World Bank on how to improve business in Kuwait according to international criteria.

Moreover, he will shed light during his meetings on incentives and guarantees for entrepreneurs in Kuwait.

Kuwaiti exports to the US, with the exemption of oil and its derivatives, reached, last year, USD 141.6 million and imports from America amounted to USD 3.4 billion.

Source: Kuwait News Agency