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Mexico, Kuwait discuss boosting ties, cooperation   

Kuwait News Agency - 06 July, 2012

Kuwait's ambassador to the Federal States of Mexico has discussed with Mexican Economy Minister Bruno Ferrari ways of cementing bilateral relations and mutual cooperation between the two sides' countries.

The ambassador discussed with the Mexican official, during a meeting held at headquarters of the ministry of economy, prospects of increasing Kuwaiti investments in the country, particularly in sectors where feasible ventures have been promoted.

Hayat briefed the Mexican side about investment opportunities in Kuwait and possibility of establishing coordination between the private and public sectors in this field.

Moreover, the two sides, during the meeting, discussed a final draft of the agreement for encouraging investments between the two countries, due to be signed very soon.

Ferrari expressed satisfaction at the current level of bilateral ties between Kuwait and the federal state, affirming his keenness on strengthening the economic and commercial relations that have remained largely lower than the level of the political ties, bounding the Gulf State and Mexico.

Furthermore, he called for increasing the commercial exchanges between Kuwait and Mexico.

Mexico chairs current session of the group of top industrial states (G-20). Its economy ranks 10th globally.
 
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