Albania to strengthen economic ties with Kuwait.

By bne IntelliNews April 6, 2010
The governments of Albania and Kuwait express readiness to strengthen economic cooperation between the two countries. This issue has been discussed in a meeting of PM Sali Berisha with Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al Sabah in Kuwait City . The two state officials considered very positive the current economic relations and discussed opportunities for further expansion. PM Berisha pledged full state support for the facilitation of Kuwaiti investments in Albania . Meanwhile respective government members signed collaboration agreement in the field of preventing double taxation and tax evasion. The two counties will also implement a mid-term executive program on tourism cooperation, while third agreement on civil aviation service has also been approved. The latter will result in the establishment of a direct airline between Tirana and the Kuwaiti capital city. Albania and Kuwait will also open embassies in the respective capitals, which will further foster trade exchanges and economic development.

Related Articles

Albania calls tender for supervision of sewerage project.

Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more

Albania's govt approves changes in concession agreement for Devoll project.

The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more

Albanian parliament panel endorses EUR 12.7mn EBRD loan for dam safety project.

The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss