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Slovenia Business Week no. 42: Slovenian-Kuwaiti Business Forum Established

Janez Skrabec, the head of Slovenian civil engineering company Riko, and Kuwaiti businessman Hussein Al Kharafi signed a charter launching the Slovenian-Kuwaiti business forum which is to provide the platform for business cooperation between the two countries

Janez Skrabec, the head of Slovenian civil engineering company Riko, and Kuwaiti businessman Hussein Al Kharafi signed on Tuesday, 19 December a charter launching the Slovenian-Kuwaiti business forum which is to provide the platform for business cooperation between the two countries.

According to Skrabec, the forum will present a meeting point for Slovenian companies entering the Kuwaiti market and vice versa. It will be presided by Al Kharafi, while Skrabec will be the vice-president.

When it comes to economic cooperation, the Slovenian government wishes to look beyond neighbouring markets, said Skrabec, adding that the forum enjoys strong support by the Economy Ministry.

Slovenia and Kuwait have many things in common and their size is comparable, said Skrabec, adding that the countries can help each other in entering neighbouring markets.

Spending several days in Slovenia, Al Kharafi, one of the richest men in the world, highlighted the kindness of Slovenian people as a good starting point for business talks.

Expressing his belief that the Slovenian economy was in excellent shape, Al Kharafi said that this step would undoubtedly help enhance cooperation between the two countries.

Meanwhile, Zijad Becirovic, the director of the Ljubljana-based International Institute for Middle-East and Balkan Studies (IFIMES), told STA that economic cooperation between Slovenia and Kuwait was modest, leaving a lot of room for improvement.

According to Becirovic, potential for cooperation lies primarily in the areas of logistics, mechanical and electronic engineering, steel industry, spa tourism and in joint investments in the Balkans.

The way for the forum was paved during a visit by Prime Minister Janez Jansa and a strong business delegation to Kuwait on 14 November.

Source: Slovenian Press Agency STA

Author: STA, Slovenian National Press Agency