Published On: Mon, Oct 6th, 2014

S.Korea-Kuwait trade exchanges reach USD 22 billion per year

Commercial exchanges between South Korea and the State of Kuwait have reached up to USD 22 billion per annum, the Kuwaiti

S.Korea-Kuwait trade exchanges reach USD 22 billion per year

S.Korea-Kuwait trade exchanges reach USD 22 billion per year

Ambassador to the nation said.

Cooperation in the oil field between Kuwait and South Korea have noticeably developed, said Ambassador Jassem Al-Bedaiwi, in remarks to KUNA, made in the aftermath of the 17th Asian Games or ASIAD, with China coming first, 342 medals, and Kuwait grabbing 12 ones including three gold.

The South Korean-Kuwaiti commercial relations have turned distinctive with the trade exchanges amounting to USD 22 billion per year, the ambassador added, noting that the Kuwaiti diplomatic mission would seek to further expand scopes of the mutual cooperation between the two friendly countries.

The Kuwaiti Embassy is exerting efforts to develop these ties at the health and educational levels, making use of South Korean internationally-renowned expertise in such sectors, added Al-Bedaiwi, who also indicated that the diplomatic staff had been involved in preparing for the Kuwaiti sports delegation visit, with aim of examining the local expertise in this realm too.

Source : WAM News Agency for United Arab Emirates

About the Author

Web Development CompanyTechyPros