Uzbekistan, Kuwait explore energy cooperation prospects

News in Brief

Bylaw by Dec end — finmin:

Minister of Finance and acting Minister of Oil Anas Al-Saleh confirmed the readiness of the executive bylaws for law number 23/2015 on the establishment of the financial supervisors system during the parliamentary Priorities Committee meeting on Monday, reports Al-Nahar daily.

The minister revealed the bylaws will be issued by the end of December and the workers assigned in the system will assume their posts before the current fiscal year ends.

On the other hand, Al-Saleh said the Kuwait Investment Authority (KIA) is now waiting for the Ministry of Social Affairs and Labor to nominate its representative to the Joint Stock Company for the Recruitment of Domestic Workers Committee in order to pave way for the panel to start its work.

KUWAIT CITY, Dec 21, (KUNA): Kuwait’s Ambassador to Uzbekistan Ahmad Khaled Al-Jeeran discussed with the Deputy Prime Minister for Oil and Gas in Uzbekistan, Gulomjon Ibrahimov, ways of bolstering bilateral ties in various economic domains.

A Kuwait embassy statement obtained by KUNA said that Ibrahimov praised Kuwait’s role in supporting numerous developmental projects in his country through the Kuwait Fund for Arab Economic Development (KFAED), expressing hope for more cooperation with the State of Kuwait in various spheres.

Ibrahimov said his country possesses many strategic potentials including minerals, oil and gas, expressing readiness to cooperate with Kuwait in this domain.

He also spoke about the significance of the reciprocal visits between both countries’ officials which would help in boosting the prospects of cooperation in all domains, chiefly the economic ones.