Kuwait, Azerbaijan renew deal

KUWAIT: The State Audit Bureau (SAB) of Kuwait announced on Tuesday the renewal of a cooperation agreement with Azerbaijan’s Accounting Chamber (AAC) with the aim of developing mutual collaborative domains and supporting bilateral ties. Khalil AlWazzan, a senior official at the SAB, made the press statement while receiving the AAC’s head Vugar Gulmammadov who is currently visiting the country. The visit aims to booster relations with Kuwait.

Renewing the cooperative deal is a chance to promote knowledge on the Azerbaijan’s chamber, Wazzan said, referring that the two sides are keen on promoting cooperation in auditing and control fields as well as professional training. Among the agreement’s objectives is upgrading skills and potentials of the two bodies’ staff through launching training initiatives and visits of experts as well as sharing technical information and research results in line with the agreed-upon technical cooperation program, he noted.

The deal also stimulates the two sides to coordination and cooperation on issues related to international and regional organizations in which the two parties take part, the Kuwaiti official made clear. The action plan of the deal will start in 2020 until 2023 that contains several topics on environment, climate change, public debt, information technology control and others, Wazzan clarified.

The visit’s agenda included a visual presentation by the SAB’s staff on management information system and another one on how to prepare an annual training plan, and select trainers and programs, he said. The presentation contained also disseminating information culture to help generations be aware of the role of the Audit Bureau on maintaining public fund and the role of information technology in auditing, he said.

Azerbaijan’s officials made a show on their chamber, activities and operations as well as control cooperation with the European Union, Wazzan pointed out.—KUNA