Kazakhstan, Kuwait agree to strengthen economic ties during Baku meeting

Kazakhstan is committed to strengthening comprehensive cooperation with Kuwait, President of Kazakhstan Kassym-Jomart Tokayev said during a meeting with Kuwait's Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah at the COP29 summit in Baku.

Report informs via Akorda that, according to Tokayev, Kuwait is an important partner of Kazakhstan in the Arab world.

Noting the sustainable development of bilateral political dialogue and economic cooperation, he expressed confidence that Kuwait has the potential to become one of the major investors in Kazakhstan's economy, citing the successful activities of Kuwaiti companies as an example.

The leaders agreed to intensify trade and economic ties with a focus on implementing joint investment projects.

Special attention was paid to cooperation within multilateral structures, including the format of Central Asia – Gulf Arab States Cooperation Council.