The Kuwait delegation has actively engaged in advancing economic cooperation between Kuwait and Japan at the first Japan-Arab Economic Forum held in Tokyo, the Kuwaiti Embassy in Japan said yesterday. The Kuwaiti representatives led by Ambassador Sheikh Ali Khaled Al-Jaber Al-Sabah, who serves as Director of Foreign Ministry's Economic Department, paid an effort to facilitate the entry of Kuwaiti companies and businessmen into the Japanese market, and to provide the clear picture of Japanese investors with Kuwait's investment climate, the embassy said in a statement.
The delegation was also accompanied by Charge d'affaires at the Kuwaiti Embassy in Japan Mohamed Al-Mutairi. In his speech at the two-day forum, Sheikh Ali announced the initiative of HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to establish a support fund for small and medium-sized companies in the 22-member League of Arab States.
The initiative of the Amir to establish a support fund, with a capital estimated at $2 billion, to which Kuwait will contribute $500 million, for small and medium-sized companies in the League of Arab States member states was commended during the ministerial meeting of the forum.
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