Pakistan‚ Kuwait sign four MoUs to promote bilateral cooperation

BusinessPakistan‚ Kuwait sign four MoUs to promote bilateral cooperation

ISLAMABAD: Pakistan and Kuwait on Monday signed four memorandums of understanding (MoUs) in the fields of investment‚ extradition‚ labour and visa waiver at diplomatic and official levels.

Prime Minister Muhammad Nawaz Sharif and his Kuwait counterpart Sheikh Jaber Al-Mubarak Al-Hamd Al-Sabah witnessed the signing ceremony.

   

Two treaties on extradition and visa waiver for the holders of diplomatic‚ special and official passports were signed by Interior Minister Chaudhry Nisar Ali Khan and Kuwait’s Deputy Prime Minister Sheikh Sabah Khalid.

An Amended Protocol on Labour was signed by Secretary Labour Munir Qureshi and Kuwait’s Under Secretary for Foreign Affairs Khalid Suleman.

A MoU on Investment was signed by Chairman Board of Investment Muhammad Zubair and Badr ul Saad of Kuwait’s Investment Authority.

Earlier‚ Prime Minister Muhammad Nawaz Sharif and Kuwait’s Prime Minister Sheikh Jaber Al-Mubarak Al-Hamd Al-Sabah held formal talks at the Prime Minister House in Islamabad which focused on enhancing cooperation in diverse areas, especially trade and energy between the two countries.

During the meeting, Sharif said the visit of Prime Minister Sheikh Jaber would give a fresh impetus to the efforts to further carry forward the multifaceted bilateral relations with Kuwait.

Sharif said that Pakistan’s relations with Kuwait were rooted in historical links and enriched by the great warmth and goodwill between their people.

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