Arab Today, arab today alshimali concludes visit to china
Last Updated : GMT 06:59:43
Arab Today, arab today
Arab Today, arab today

Al-Shimali concludes visit to China

Arab Today, arab today

Arab Today, arab today Al-Shimali concludes visit to China

Beijing - Kuna

Kuwaiti Finance Minister Mustafa Al-Shimali left Beijing on Tuesday to return home after concluding his successful official visit. Seeing off Al-Shimali at the airport were Kuwaiti Ambassador to China Mohammad Al-Thuwaikh and other Kuwaiti diplomats, as well as Kuwait Investment Beijing Representative Office (KIRO) Chief Representative Fahad Al-Shatti. Prior to his departure, the minister told Kuwait News Agency (KUNA) that his visit was very practical and productive, showing expectations of pushing bilateral ties to a higher level. In a reflection of Kuwait\'s keen interest in the rapid growing Chinese investment market, Al-Shimali, who doubles Kuwait Investment Authorities (KIA) Chairman, inaugurated on Monday KIA\'s Beijing representative office known as KIRO, which he described as \"very successful launch.\" Located in the heart of business district in the Chinese capital and directed by Al-Shatti, KIRO serves as KIA\'s on-the-ground presence in China to explore opportunities for the KIA head office to review. It is the fund\'s first-ever overseas office since the establishment of the Kuwait Investment Office in London in 1953. KIA, an investment arm of the Kuwaiti government, has a well-diversified investment portfolio with stakes in a wide range of companies and institutions around the globe. While in Beijing, Al-Shimali held a series of talks with Chinese officials, including Finance Minister Xie Xuren and Deputy Governor of the People\'s Bank of China and administrator of the State Administration of Foreign Exchange Yi Gang, in which they exchanged views on their countries\' fiscal policies and other economic issues, and pledged closer and all-round bilateral cooperation. The Chinese financial leaders welcomed the establishment of KIRO and assured their continued support and cooperation for further strengthening the fund\'s ties with China and facilitating potential investment opportunities. Al-Shimali also called on Chinese businesses to participate in Kuwait\'s KD 37 billion (USD 134 billion) five-year development plan through 2014 for various mega projects. \"We discussed potential of several joint projects between the two countries, and I hope we can realize such joint projects in the near future. I also encouraged the Chinese companies to visit our country to explore investment opportunities,\" he said. The two sides also shed light on the smooth growth of Sino-Kuwaiti relations ever since they first forged diplomatic ties 40 years ago, saying that Kuwait and China have witnessed a sustainable and growing cooperation in various areas, and expressed confidence in the prospect of all-round cooperation in the future. Kuwait was the first Gulf Cooperation Council (GCC) nation to extend diplomatic ties with China in 1971 in appreciation for China\'s leading regional and world role.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today alshimali concludes visit to china Arab Today, arab today alshimali concludes visit to china

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday