Kuwaiti Minister of Finance discusses enhancing financial, economic, and developmental cooperation with officials in Doha

Doha, September 29 (KUNA) -- Kuwaiti Minister of Finance Dr. Yaqoub Al-Rafai held discussions with several senior officials to enhance financial, economic, and developmental cooperation on the sidelines of Kuwait’s participation in the 11th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Doha.

The Ministry of Finance said in a statement on Tuesday that Minister Al-Rafai met with AIIB President Jin Liqun, during which the two sides exchanged views on matters of mutual interest and discussed opportunities to further strengthen cooperation between the AIIB and the State of Kuwait.

The statement added that the two sides explored cooperation prospects in the coming period regarding the building and development of national capacities, the enhancement of Kuwaiti expertise, and the possibility of leveraging the bank’s experience and programs in knowledge and expertise transfer to achieve the priorities of both sides.

Within the framework of bilateral meetings, Minister Al-Rafai discussed with Qatari Minister of Finance Ali Al-Kuwari a number of topics and fiscal policies, particularly in light of recent economic developments.

The statement clarified that Minister Al-Rafai also held talks with Zhang Junhong, Assistant Minister of Finance and Governor of the People’s Republic of China at the AIIB, to explore ways to strengthen financial and economic cooperation between Kuwait and the People’s Republic of China. The two sides exchanged views on cooperation opportunities within the strategic and close relations linking the two friendly countries, including cooperation within the framework of multilateral development banks.

Minister Al-Rafai also met with Mauritanian Minister of Economic and Development Affairs, Abdullah Suleiman Al-Sheikh Sidiya, where they emphasized the deep and distinguished bilateral relations between the two brotherly countries. They discussed several topics of mutual interest, particularly investment and developmental issues, as well as action plans for the coming period in line with shared interests.

He also met with Maldivian Minister of Finance and Public Enterprises, Hassan Zureer, where the meeting addressed the relations between the two countries in the developmental field, ways to enhance cooperation and support in priority areas in the coming period, and the coordination of positions in international financial institutions.

These meetings took place on the sidelines of Kuwait’s participation in the 11th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, held in the Qatari capital, Doha. (End) S S S / S M A