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HomeInvestmentKuwait-Hong Kong Ties Strengthen with 24 Business Agreements

Kuwait-Hong Kong Ties Strengthen with 24 Business Agreements

Kuwait recently welcomed a major delegation from Hong Kong aiming to advance Kuwait-Hong Kong ties. The visit focused on building stronger partnerships across trade, education, finance, and innovation.

The group, led by Hong Kong’s Chief Executive and supported by the Hong Kong Trade Development Council, included over 50 business leaders. They visited Qatar and Kuwait to deepen bilateral relations and expand regional cooperation.

In Kuwait, the delegation signed 24 memoranda of understanding (MoUs) and business agreements. These included deals in sectors such as law, agriculture, logistics, technology, and education. As a result, Kuwait-Hong Kong ties saw a meaningful expansion.

Also, the delegates held meetings with the Kuwait Investment Authority, Bukhamseen Group Holding, and the Kuwait Chamber of Commerce and Industry. These meetings explored high-level investment opportunities, reinforcing ongoing economic collaboration between the two regions.

In addition, the team engaged with the Kuwait Direct Investment Promotion Authority to understand the role of free trade zones. This discussion opened new doors for business partnerships in logistics, manufacturing, and digital services.

To further support Kuwait-Hong Kong ties, the delegation attended a business luncheon with 270 regional and international leaders. During the event, speakers promoted shared visions for innovation and long-term development.

Cultural understanding also played a key role. The group visited the Sheikh Abdullah Al-Salem Cultural Centre to learn more about Kuwaiti history, society, and achievements. This helped reinforce personal connections alongside formal business talks.

Notably, Hong Kong officials outlined three goals for the mission: to strengthen government cooperation, to find new growth areas, and to expand networks. These objectives all support the broader framework of Kuwait-Hong Kong ties.

They also praised Kuwait’s rapid progress and acknowledged shared economic priorities in finance, infrastructure, and global trade. Both sides agreed that continued engagement would create long-term gains.

Crucially, Hong Kong plans to invite more Middle Eastern leaders to future business events. These include the Belt and Road Summit and the Asian Financial Forum, which are platforms for enhancing international business ties.

In conclusion, the successful visit and the 24 agreements signed show that Kuwait-Hong Kong ties continue to grow stronger. This partnership creates new opportunities for both sides and strengthens their shared economic future.