Kuwait Chamber stresses historical economic ties with Korea

Chairman of the Kuwait Chamber of Commerce and Industry (KCCI) Thanian Ali Al-Ghanim on Sunday underscored the importance of the Republic of Korea to Kuwait on the economic level.
Welcoming chairman of the Korea International Trade Association (KITA) Kim In-Ho at the KCCI's premises, Al-Ghanim highlighted the strategic projects South Korean companies carried out in Kuwait since the 1970s, which directly affected economic development in the country.
He called for making the best use of Korean expertise and efficiency in terms of the comprehensive development plan in Kuwait, saying that the KCCI is ready to devote all potential to help achieve the strategic targets with the Korean side.
Kim, who is on his first visit to Kuwait since he took over his post recently, said all official bodies at home are keen on enhancing bilateral economic ties.
He hoped the visit will be a turning point in bilateral ties opening up fresh prospects for more economic cooperation.
The meeting was attended by Korean Ambassador to Kuwait Shin Bunam and chairman of Hyundai Heavy Industries (HHI) Choi Kil-Seon.
It comes ahead of a Korean-Kuwaiti economic forum that kicks off here this evening under auspices of Korean President Park Geun-hye who is due here later today.