Kuwait, Germany trade volume hits USD1.72b

10 Dec 2014

(MENAFN) Kuwait Chamber of Commerce and Industry (KCCI) said that trade volume between Kuwait and Germany has amounted to USD1.72 billion annually, resulting in Germany becoming Kuwait’s fourth international trade partner, KUNA reported

KCCI attributed this increase in bilateral trade between the two countries to the good partnership they have within different sectors, especially in trade and investments in both public and private sectors, adding that the chamber is planning to find ways to develop bilateral trade ties with German investors by eliminating all obstacles that might stop them from investing in Kuwait.

KCCI added that Kuwait is currently developing a number of potential projects that might attract the interest of German investors, while Kuwaiti investors can do the same in Germany particularly in the sectors of infrastructure, industry, and real estate in Germany.

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