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Finance Minister Discusses Enhancing Financial, Economic, and Developmental Cooperation with Officials in Doha - Sarmad

Finance Minister Discusses Enhancing Financial, Economic, and Developmental Cooperation with Officials in Doha - Sarmad
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Kuwaiti Finance Minister Yaqoub Al-Rafai discussed with international officials the enhancement of financial, economic, and developmental cooperation on the sidelines of the Asian Bank meeting in Doha.

Translated by Qiyas from سرمد — Original source

(KUNA) – Kuwaiti Finance Minister 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 stated in a statement on Tuesday that Minister Al-Rafai met with AIIB President Jin Liqun. During the meeting, both 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 phase 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 parties.

Within the framework of bilateral meetings, Minister Al-Rafai discussed with Qatari Finance Minister 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 met with Zhang Junhong, Assistant Minister of Finance and Governor of the People’s Republic of China at the AIIB, to explore ways to enhance financial and economic cooperation between Kuwait and the People’s Republic of China. Views were exchanged 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 phase in line with shared interests.

He also met with Maldivian Minister of Finance and Public Enterprises, Hassan Zureer. The meeting covered the relations between the two countries in the developmental field and ways to enhance cooperation and support in priority areas in the coming phase, alongside coordinating 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.

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