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Kuwait Chamber and Lebanese Business Council Discuss Strengthening Investment Partnerships to Open New Horizons

Kuwait Chamber and Lebanese Business Council Discuss Strengthening Investment Partnerships to Open New Horizons
Qiyas summary

The Kuwait Chamber of Commerce and Industry and the Lebanese Business Council discussed ways to enhance economic, commercial, and investment cooperation between the two countries and expand partnerships between the private sectors.

Translated by Qiyas from الجريدة — Original source

The Kuwait Chamber of Commerce and Industry held discussions with the Lebanese Business Council in Kuwait on ways to enhance economic, commercial, and investment cooperation between the two countries, and to expand partnerships between the private sector, thereby opening new horizons for investors and strengthening shared economic interests.

This came during a visit by a delegation from the Council, led by its chairman Ali Hassan Al-Khalil, to the Chamber, where he met with its Managing Director Rabah Al-Rabah, as part of the Council’s efforts to strengthen communication with Kuwaiti economic institutions and develop bilateral trade and investment relations.

Al-Khalil emphasized the deep fraternal and historical ties linking Kuwait and Lebanon, praising the pivotal role played by the Kuwait Chamber of Commerce and Industry in supporting the private sector and enhancing economic and commercial relations.

He explained that the meeting covered an introduction to the objectives, activities, and initiatives of the Lebanese Business Council, as well as a review of its efforts to strengthen communication between Kuwaiti and Lebanese businessmen and investors, organize economic and investment events, and encourage initiatives that contribute to revitalizing trade exchanges and establishing partnerships between companies in both countries.

He noted the Council’s commitment to leveraging the expertise of its members and its network of relationships to serve shared economic interests, reaffirming its readiness to support initiatives and projects that would enhance investment cooperation between Kuwait and Lebanon.

Al-Khalil stressed the importance of establishing sustainable cooperation channels with the Chamber, organizing reciprocal economic and trade delegations and meetings, and encouraging Kuwaiti investors to explore opportunities available in Lebanon, particularly in the sectors of industry, trade, tourism, health, and education.

For his part, Al-Rabah underscored the importance of economic and commercial relations between Kuwait and Lebanon, noting that strengthening direct communication between businessmen and economic institutions in both countries constitutes a fundamental pillar for developing partnerships and exploring new cooperation opportunities.

He expressed the Chamber’s readiness to cooperate with the Lebanese Business Council in Kuwait to organize joint economic meetings and seminars, promote investment opportunities available in Lebanon, and facilitate communication between Lebanese companies and their Kuwaiti counterparts according to shared sectors and interests.

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