Politics
Trade, investment and energy will be at the top of the agenda during Prime Minister Modis' two-day visit to Kuwait
This will be the first visit by an Indian Prime Minister to Kuwait in 43 years; it will see a series of high-level interactions focused on trade, investment and energy that will set the tone for relations over the coming years. Prime Minister Modi will also interact with members of the Indian diaspora in Kuwait, which is one of India's major partners in the Gulf region.
Secretary, Consular Affairs, Passports and Visas (CPV) and Overseas Indian Affairs (OIA) in the Ministry of External Affairs (MEA), Arun Kumar Chatterjee briefed the media on the highlights of the visit.
Prime Minister Modi will receive a ceremonial guard of honor at the Bayan Palace, following which he will hold separate meetings with the Emir of Kuwait and the Crown Prince. This will be followed by delegation-level talks with the Kuwaiti Prime Minister.
During these bilateral discussions, the Prime Minister will review with Kuwait's leaders our overall bilateral relations, including areas such as politics, trade, investment, energy, culture and ties between peoples, as well as the steps that both parties must take to further enhance them,
The crown prince will host a banquet for the visiting Indian Prime Minister. Prime Minister Modi will interact with the Indian diaspora at a community event and visit a labor camp. He will also attend the opening ceremony of the 26th Arabian Gulf Cup.
Breathe new impetus into bilateral relations
The visit is the latest in a series of high-level exchanges between the two sides in recent years and comes less than a month after Kuwaiti Foreign Minister Abdullah Ali Al-Yahya's visit to New Delhi on 3-4 December 2024.
Prime Minister Modi met Kuwait Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah on the sidelines of the United Nations General Assembly in New York in September this year.
Foreign Minister S Jaishankar visited Kuwait in August this year. He also met his Kuwaiti counterpart on the sidelines of the first strategic dialogue between India and the Gulf Cooperation Council (GCC), which was held in Riyadh, Saudi Arabia, in September.
These and other ministerial interactions have injected new impetus into bilateral relations between India and Kuwait, Chatterjee noted.
Earlier this month, India and Kuwait decided to establish a Joint Cooperation Commission (JCC) at the level of foreign ministers. A Memorandum of Understanding (MoU) to this effect was signed in New Delhi on December 4, 2024 by Kuwaiti Foreign Minister Abdullah Ali Al-Yahya and Indian Foreign Minister S Jaishankar.
New joint working groups in the areas of trade, investment, education, technology, agriculture, security and culture will be established under the JCC. The JCC mechanism will act as an overarching institutional mechanism to comprehensively review and monitor the entire bilateral relationship between India and Kuwait under the new and existing joint working groups in areas such as hydrocarbons. , health and consular matters.
India has always been one of Kuwait's major trading partners. Total bilateral trade with Kuwait during the 2023-24 financial year stood at $10.47 billion. According to official data, Indian exports increased from $1.56 billion in 2022-23 to $2.1 billion in 2023-24.
Kuwait also remains a reliable energy partner for India, both in terms of crude oil and LPG, Chatterjee highlighted.
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Sources 2/ https://www.indianewsnetwork.com/en/20241220/trade-investment-energy-to-be-on-top-of-the-agenda-during-prime-minister-modi-s-two-day-visit-to-kuwait The mention sources can contact us to remove/changing this article |
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