Date
25 September 2017
Chinese Premier Li Keqiang (R) meets Kuwait's Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah at the Great Hall of the People in Beijing on June 3. Photo: Reuters
Chinese Premier Li Keqiang (R) meets Kuwait's Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah at the Great Hall of the People in Beijing on June 3. Photo: Reuters

China seeks closer trade, energy ties with Kuwait

China seeks to expand economic cooperation with Kuwait, focusing on trade, finance, infrastructure construction and energy sector initiatives, Premier Li Keqiang said on Tuesday.

Beijing is willing to participate in Kuwait’s railway projects and also welcomes the country to the establishment of the Silk Road economic belt and the 21st century maritime Silk Road as well as the preparation for an Asian infrastructure investment bank, Li said, according to Xinhua news agency.

On energy cooperation, Li said he hopes the Kuwaiti side will open up the upstream oil and gas industry to Chinese companies.

The remarks came after the Chinese premier held talks with visiting Kuwaiti Prime minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah in Beijing Tuesday.

Li said China attaches great importance to the relationship with the Gulf Cooperation Council (GCC) and the League of Arab States.

The GCC, a regional political and economic alliance set up in 1981, includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. China started FTA negotiations with the bloc in July 2004 and had five rounds of talks and two panel meetings before talks stalled after 2009.

On Tuesday, Li said he hopes Kuwait will help to restart and complete the FTA talks between China and the GCC.

Kuwait’s prime minister, meanwhile, also said his nation is committed to the development of ties with China, and that it is willing to boost cooperation in various areas.

After their talks, the two leaders witnessed the signing of a string of bilateral deals, involving trade, finance, energy and aviation, Xinhua said.

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RC

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