Kuwait, US sign two investment, education agreements

Kuwait News Agency (KUNA) , Sat, Sep 9, 2017

WASHINGTON, Sept 8 (KUNA) -- The Kuwaiti and US governments signed two joint agreements aimed at boosting their cooperation in the investment and higher education fields on Friday.

The Kuwait Direct Promotion Authority (KDPA) signed a cooperation pact with the International Trade Administration and SelectUSA Program at the US Department of Commerce.

The deal aims at exchanging data and expertise on the investment climate in both countries in order to encourage and attract direct foreign investments between them.

Meanwhile, Kuwait's Higher Education Ministry signed a memorandum of understanding (MoU) with the US State Department to boost their cooperation in higher education and scientific research.

The agreements were signed in the presence of First Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah.

The cooperation investment pact was signed by KDIPA's Director General Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah and Executive Director of SelectUSA Program Fred Volcansek.

Also, the education MoU was signed by Deputy Minister of Higher Education Dr. Hamid Al-Azmi and Deputy Assistant Secretary of State for Public Diplomacy in the Bureau of Near Eastern Affairs (NEA) Larry Schwartz. (end)