Kuwaiti investors may benefit from Special Economic Zones of Pakistan: Asad Umar

ISLAMABAD: Federal Minister for Finance, Revenue and Economic Affairs Asad Umar on Thursday said Kuwaiti investors may take benefit of attractive investment opportunities in Special Economic Zones of Pakistan in areas like automotive, food processing and textile as well as in oil and gas exploration.  

He said this while co-chairing fourth and plenary session of Pakistan-Kuwait Joint Ministerial Commission (JMC) with Kuwaiti Minister of Commerce and Industry Khaled Nasser Abdullah Al-Roudan in Islamabad.

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Speaking at the inaugural session, the finance minister welcomed the Kuwaiti delegation and said that Kuwait and Pakistan had cordial political and economic relations which were rooted in common bonds of religion and culture.

He said that Pakistan desired to enhance economic and commercial cooperation with Kuwait for mutual benefit of both the countries.

Asad Umar invited Kuwaiti businessmen to invest in agriculture farmland, milk and food processing plants in Pakistan, for export of agricultural commodities of desired quality to Kuwait and other countries.

He hoped that businessmen of both the countries would endeavour for further enhancing bilateral trade to its true potential.

The Kuwaiti minister for commerce and industry said that the economic relation between the two countries needed further strengthening for the mutual benefits of both the countries and their people.

Technical sessions of the JMC continued during the day where officials from both sides deliberated on various areas of mutual interest.