Kuwait, India discuss bilateral economic, trade relations

Kuwait's Ambassador to India Sami Mohammed Al-Sulaiman met here on Sunday with Indian Planning Commission Chairman Montek Singh Ahluwalia and discussed economic and trade relations between the two countries. Ahluwalia is scheduled for three-day official visit to Kuwait, starting from Monday, along with an accompanying economic and trade delegation, during which he is to meet with prominent figures from the Kuwaiti leadership and government, Kuwait embassy said in a statement. His delegation includes senior officials from Ministry of Commerce and Industry of India, the Reserve Bank of India, Investment Management and the Finance Ministry, and state-owned companies. "India looks forward to the possibility to attract Kuwaiti capital, governmental, and private investment in Kuwait, and attract Kuwaitis to India, " the statement said. Trade volume between Kuwait and India amounts to USD 17 billion as India is the second largest importer of oil in Kuwait. Kuwait is also home to around 650 thousand Indian working in almost all fields.