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Japan and Kuwait deepen business ties through strategic Diwaniya gathering
Japan and Kuwait deepen business ties through strategic Diwaniya gathering

Arab Times

time19-05-2025

  • Business
  • Arab Times

Japan and Kuwait deepen business ties through strategic Diwaniya gathering

KUWAIT CITY, May 19: Japanese Ambassador to Kuwait Mukai Kenichiro organized the 'Japanese-Kuwaiti Business Diwaniya' at his residence, with Assistant Foreign Minister for Asian Affairs Ambassador Samih Jawhar Hayat, a group of Kuwaiti businesspersons, and representatives of the public and private sectors in attendance. The meeting aimed to strengthen the economic and technological partnerships between Kuwait and Japan and expand the horizons of cooperation in various fields. Mukai expressed his pride and gratitude for the presence of the guests, stressing that the Diwaniya is a strategic opportunity to revive the Japanese-Kuwaiti Business Committee at the governmental level and exchange views on the future of trade and investment cooperation between the two countries. He pointed out that the current phase is a turning point in economic relations between the two countries, calling for strengthening cooperation in sustainable development, social responsibility, and the green economy. He affirmed that Japan is one of the largest global investment markets, with capital investments reaching approximately $700 billion in 2023. He urged the Kuwaiti businesspersons to explore the available opportunities, particularly through the Kansai-Osaka Expo, which was launched in April and will continue for six months. He revealed the Expo showcases advanced Japanese technologies, such as room-temperature hydrogen production devices, carbon dioxide capture and emission technologies, and industrial fuel production. He said these technologies are plausible solutions for the realization of Kuwait's goal to achieve carbon neutrality by 2050. He also cited the perovskite solar cells developed by Panasonic, which can be installed on windows and are currently used in Toyota cars that charge while driving, making them ideally suited to the sunny environment in Kuwait. In the healthcare sector, he highlighted the regenerative medicine technologies using IPS cells, which offer advanced therapeutic capabilities, calling for investment in them and their use within the healthcare system in Kuwait. He also talked about the contributions of major Japanese companies, such as Mitsubishi, Toshiba and JERA, to infrastructure and energy projects in Kuwait. He asserted that these projects are not merely commercial activities, as they are rather contributions to improving the quality of life. He was quick to add that these companies are facing challenges, such as the slow bidding process, delayed procedures, and lack of focus on reducing emissions. He revealed the Japanese government is engaged in a serious dialogue with the Kuwaiti side to address these challenges, calling on decision-makers to support these efforts to improve the joint business environment. He affirmed the embassy's readiness to provide all forms of support to Kuwaiti businesspersons, wishing to introduce Japanese products and technologies to the local market. He is hoping that Kuwait will become a regional center for adopting Japanese innovations and exporting them to the Gulf states, especially Saudi Arabia and the United Arab Emirates (UAE). On the other hand, Mubarak Al-Sayer, Executive Board Member of Al-Sayer Group, presented the history of the long-standing partnership with Japan, dating back to 1954, when the group became the first distributor of Toyota vehicles in the Middle East, thanks to his late father, Nasser Mohammed Al-Sayer. Al-Sayer explained that this relationship has evolved into a strategic partnership spanning more than seven decades, making Al-Sayer Group the largest importer of Japanese goods in Kuwait, including major brands like Toyota, Lexus, Hino, Hitachi, Kawasaki, Yokohama, Akai, Sakai, JCB, and Canon. He asked the Japanese government to facilitate entry for Kuwaitis by granting visas upon arrival, stressing that the Kuwaiti people's passion for Japan is growing in the fields of education, entertainment, and commerce. He affirmed Al-Sayer Group's commitment to continuing its longstanding partnership with Japan for future generations, stating that 'this partnership is not only a legacy we cherish, but a future we are working hard to consolidate.

Kuwait and China Deepen Strategic Ties in Beijing Political Consultations
Kuwait and China Deepen Strategic Ties in Beijing Political Consultations

Arab Times

time25-04-2025

  • Business
  • Arab Times

Kuwait and China Deepen Strategic Ties in Beijing Political Consultations

BEIJING, April 25: The foreign ministries of Kuwait and China concluded the fifth round of their political consultations today in Beijing. The Kuwaiti delegation was led by Ambassador Samih Jawhar Hayat, Assistant Foreign Minister for Asian Affairs, while the Chinese delegation was headed by Ambassador Chen Weiqing, Assistant Foreign Minister for the Department of West Asia and North Africa at China's Ministry of Foreign Affairs. Ambassador Hayat described the talks as highly constructive, noting that both sides demonstrated closely aligned perspectives on a wide range of regional and international issues. He highlighted the open, candid, and in-depth nature of the discussions, which focused on mutual interests. He expressed satisfaction on behalf of both delegations with the continued growth and strength of the historical and distinguished relations between Kuwait and China. He further noted that the consultations focused on enhancing bilateral cooperation in political, economic, and development sectors, in line with the ongoing evolution of Kuwaiti-Chinese ties. Both parties reaffirmed their commitment to bolstering coordination and cooperation in regional and international forums, as well as supporting one another's positions within international organizations to serve shared interests. Ambassador Hayat emphasized that these consultations reflect the directives of both countries' senior leaderships to maintain momentum in high-level exchanges and preserve the unique and longstanding relationship between the two nations across multiple fields. The two sides also reviewed the latest progress on agreements and memoranda of understanding signed between their governments, particularly those linked to major development projects in Kuwait. These include the Mubarak Al-Kabeer Port project, the Al-Shagaya and Al-Abdaliya renewable energy initiatives, the wastewater treatment plant, labor and housing cities, and the low-carbon green waste recycling system. They also explored further cooperation in the areas of economic and free zones. On the sidelines of the consultations, Ambassador Hayat held several bilateral meetings with senior Chinese government officials, representatives from the International Relations Department of the Communist Party of China's Central Committee, and senior advisors from the National Development and Reform Commission. During these meetings, both sides underscored the importance of continuing diplomatic consultations and deepening bilateral collaboration, building on the momentum of the successful state visit by His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah to China in September 2023. Ambassador Hayat reiterated Kuwait's strong commitment to further advancing its strategic partnership with China. It was agreed that the political consultation mechanism would continue on a regular basis, with the next round to be held in Kuwait at a date to be determined through diplomatic channels. The meetings were attended by Kuwait's Ambassador to China, Jassim Ibrahim Al-Najem, Counselor Abdulaziz Al-Dakhil, members of the Kuwaiti Embassy in Beijing, and Diplomatic Attachés Ajil Al-Ahmad and Mubarak Al-Qamis from the Asian Affairs Department at Kuwait's Ministry of Foreign Affairs. (KUNA)

Kuwait-Tajikistan relations celebrate 30-year milestone
Kuwait-Tajikistan relations celebrate 30-year milestone

Arab Times

time16-04-2025

  • Business
  • Arab Times

Kuwait-Tajikistan relations celebrate 30-year milestone

KUWAIT CITY, April 16: Assistant Foreign Minister for Asian Affairs Ambassador Samih Jawhar Hayat has affirmed the strength of the relationship between Kuwait and Tajikistan, stressing that both nations are committed to deepening bilateral cooperation and exploring promising avenues for mutual benefit and sustainable development. Speaking at a celebration hosted by the Embassy of Tajikistan to commemorate the 30th anniversary of diplomatic relations between the two countries, Hayat asserted that 'from the beginning, Kuwaiti-Tajik relations have been grounded in mutual respect and constructive cooperation.' He pointed out that in the last three decades, the relationship has steadily grown -- a manifestation of both countries' dedication to solidify their friendship, enhance coordination, and promote shared interests. 'Today, we proudly celebrate 30 years of diplomatic ties with the Republic of Tajikistan. These relations started in 1995 and steadily strengthened through mutual understanding and a genuine desire to expand cooperation between the two friendly nations,' he added. He also cited the historic visit of Tajikistan's President Emomali Rahmon to Kuwait in November, and his meeting with His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah; considering it a milestone on the path of bilateral ties. 'We value the cooperation between Kuwait and Tajikistan, as well as with the wider Central Asian region. Kuwait remains steadfast in its commitment to advance this important partnership,' he added. He underscored the importance of sustained coordination and consultation -- both bilaterally and within international forums -- to further activate the roles of Kuwait and Tajikistan in promoting regional and global peace, stability and development. On the other hand, First Deputy Minister of Foreign Affairs of Tajikistan Ismatullah Nasriddin echoed similar sentiments, praising the continuous progress in Tajik-Kuwaiti relations over the past 30 years. He said the principles of mutual respect and effective collaboration are the main pillars underpinning joint efforts to support regional and international peace. Nasriddin also acknowledged the deep cultural and civilizational ties that bind the two nations, confirming that Kuwait is considered one of Tajikistan's most trusted partners in the Middle East, in the same manner that Tajikistan is a reliable partner for Kuwait in Central Asia. While reaffirming the commitment of Tajikistan, under the leadership of President Rahmon, to expand multidimensional cooperation with Kuwait, he lauded the significant role played by the Kuwait Fund for Arab Economic Development (KFAED) in supporting vital infrastructure and social service projects in Tajikistan.

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