Sunday, August 16, 2009

Indo-Kuwait Ties

Vice-President Hamid Ansari visited oil-rich Kuwait
Safety of sea lanes an area of interest
KUWAIT CITY: India’s bid to draw its Gulf neighbours as reliable partners to accelerate growth has received fresh impetus with the arrival of Vice-President Hamid Ansari in oil-rich Kuwait.
Mr. Ansari has arrived at a time when Kuwait, despite the global economic recession, is seeking India’s help to diversify its economy beyond oil. India, on its part, is looking for Kuwaiti surplus funds to power its infrastructural development, the foundation for fulfilling its ambition of joining the league of developed nations.
Official sources pointed out that the Vice-President’s visit would help in drawing precise mechanisms to promote this objective. During the visit of Sheikh Sabah Al Ahmad Al Jaber Al Sabah, Kuwait’s Emir, to India in 2006, both sides had identified information technology, energy, human resources development as well as trade, investment and finance as the pillars of their relationship.

No comments: