Kuwaiti Envoy: Iran has high capacity for foreign investment

Shahr-e-Kord, Charmahal & Bakhtiari province, Aug 8, IRNA – Kuwaiti Ambassador to Tehran Majdi Ahmad Ebrahim al-Thafiri said Iran economy has high capacities for absorbing foreign investments.

Speaking in a meeting in Charmahal & Bakhtiari Provincial Chamber of Commerce on Saturday, al-Thafiri said that Iran and Kuwait have good trade relations, but these ties should be expanded in all fields, because the two countries have many commonalities.

He stressed that currently 85 percent of Charmahal businessmen have trade ties with Kuwait, which is desirable and can play an important role in developing bilateral relations.

The Kuwaiti diplomat said that more attention to the tourist industry is very important and both countries welcome such ties.

Diplomats from 30 different countries have attended foreign investment conference in Shahr-e-Kord, capital of mid-west province of Charmahal & Bakhtiari.

The group have been staying here since Thursday and have visited many tourist attractions as well as attended the conference and meeting of provincial Chamber of Commerce./end