Finance Minister Discusses Enhancing Financial, Economic, and Developmental Cooperation in Doha
Finance Minister Yaqoub Al-Rafai discussed enhancing financial, economic, and developmental cooperation with officials from Qatar, China, Mauritania, the Maldives, and the Asian Infrastructure Investment Bank on the sidelines of the annual meeting in Doha.
Translated by Qiyas from السياسة — Original source
- Meetings with officials from Qatar, China, Mauritania, the Maldives, and the President of the Asian Infrastructure Investment Bank
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 issued on Tuesday that Minister Al-Rafai met with AIIB President Zhou Jipi, during which both sides exchanged views on issues 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 and the enhancement of Kuwaiti expertise, as well as the possibility of leveraging the Bank’s experience and programs in knowledge and expertise transfer, in a manner that aligns with 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 discussed with Zhang Jun Hong, Assistant Minister of Finance and Governor of the People’s Republic of China at the AIIB, ways to enhance financial and economic cooperation between Kuwait and the People’s Republic of China. Views were exchanged on cooperation opportunities within the context of the strategic and close relations between the two friendly countries, including cooperation within the framework of multilateral development banks.
Minister Al-Rafai also met with Mauritania’s 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 issues of mutual interest, particularly investment and developmental matters, as well as action plans for the coming phase, in line with shared interests.
He also met with Hassan Zureer, Minister of Finance and Public Enterprises of the Republic of Maldives, during which the meeting addressed 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 capital city of Doha, Qatar.
