Politics
Prime Minister Narendra Modi to make historic visit to Kuwait: here is the program
Prime Minister Narendra Modi is set to begin an important two-day visit to Kuwait on Saturday, marking the first visit by an Indian prime minister to the Gulf country in over 40 years. The last such visit took place in 1981, when the then Prime Minister Indira Gandhi visited Kuwait.
Invited by Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Modi's itinerary includes meetings with Kuwait's top leaders, including the crown prince and the prime minister. These discussions aim to strengthen bilateral ties in various sectors, including trade, investment, energy, culture and community relations.
In a notable engagement, Modi plans to visit a labor camp housing Indian blue-collar workers and will address the Indian community at the Sheikh Saad Al Abdullah Sports Complex during a 'Hala Modi' event. Additionally, he will attend the opening ceremony of the Gulf Cup football tournament.
The Ministry of Foreign Affairs believes that Modi's visit will open a new chapter in India-Kuwait relations. Arun Kumar Chatterjee, Secretary, Overseas Indian Affairs, said the visit is expected to strengthen existing partnerships while exploring new opportunities for collaboration, including discussions on a bilateral investment treaty and an investment cooperation agreement. defense.
Chatterjee also highlighted the potential of the visit to strengthen ties between India and the Gulf Cooperation Council (GCC), which Kuwait currently chairs. The GCC, made up of the UAE, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait, plays a crucial role in regional politics and economics.
India is one of Kuwait's major trading partners, with bilateral trade reaching $10.47 billion in 2023-24. Indian exports to Kuwait have increased significantly from $1.56 billion in 2022-23 to $2.1 billion in the current fiscal year, a year-on-year growth of 34.7%. Kuwait is also a vital energy partner for India, providing 3% of the country's crude oil needs, while the Kuwait Investment Authority has invested more than $10 billion in India.
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Sources 2/ https://www.businesstoday.in/india/story/prime-minister-narendra-modi-to-make-historic-visit-to-kuwait-heres-what-on-agenda-458111-2024-12-21 The mention sources can contact us to remove/changing this article |
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