FINANCIAL NEWS

Kuwait, China boost cooperation relations

09 Jun 2014

(MENAFN) The GCC countries and China reported fast growth in their economic and financial cooperation between them in the last few years, according to KUNA.

Kuwait-China Investment Company (KCIC) said that the friendly political relations impacted positively on the steadily-growing economic ties.

The announcement was revealed in a visit of His Highness the Kuwaiti Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah to China last week.

During the visit, Kuwait and China signed 10 agreements, including a visa waiver document on holders of special and diplomatic passports, and agreements on cooperation in such areas as energy, education, communication and joint investment.

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