Murad values Jordanian-Kuwaiti economic, investment relations

AMMAN — Amman Chamber of Commerce (ACC) President Issa Murad stressed on Monday the importance of Kuwaiti Emir Sabah Al Ahmad Al Sabah’s visit to the Kingdom, and its role in developing bilateral relations, especially in the economic and investment fields.

Noting that current Kuwaiti investments are among the most important Arab and foreign investments covering different economic sectors, Murad called for increasing Kuwaiti investments which are estimated at more than $12 billion.

The ACC president also expressed hope that the visit would increase investments and partnerships between Kuwaiti and Jordanian businessmen in a way that would contribute to developing joint economic and commercial relations.

He underlined the significance of activating signed economic agreements between the two countries, especially at the private sector level, and addressing any obstacles that face developing commercial ties.

Murad said the Kingdom’s exports to the Gulf country during the first eleven months of 2014 reached JD114 million, while Kuwaiti exports to Jordan stood at JD97 million.