EU-GCC Business Forum to take place in Kuwait on 5 November

EU-GCC Business Forum to take place in Kuwait on 5 November

Kuwait will host the 9th EU-GCC Business Forum on 5 November. This high-level event aims to advance the implementation of our shared ambitions. Both the EU and the GCC leaders agreed in Brussels last year to build a thriving and mutually favourable trade and investment relationship that must be developed, as appropriate, through multilateral, regional, and bilateral frameworks. Our leaders also identified shared opportunities including enhancing business and investment environment, the green and digital transitions, sustainable energy, connectivity, and advancing the integration and diversification of our economies.

This forum will be a key platform for turning our shared ambitions into real-world progress. It aims at fostering business cooperation and explore ways to enhance market access conditions and supporting investments between both regions. The forum will cover areas ranging from digital transformation to food security, infrastructure and trade corridors, resilient supply chains, healthcare, and emerging technologies, all with the goal of translating ideas into action and propose solutions across all sectors of interests for our economies. It will bring together high-level stakeholders, public officials, private sector leaders, and innovators, to foster dialogue and cooperation and explore ways to accelerate the immense potential in EU-GCC relations in terms of innovation, trade and investments.

Trade and innovation are a core part to Kuwait's history and identity. Over the past two years, I have been moved by discovering the strong and genuine links that bind the Kuwaiti people with Europe. In this spirit, I would like to invite Kuwaiti companies, investors, entrepreneurs, start-ups and innovators to join us in this inspiring enterprise and bring to the table their energy, creativity and strength. It is time to unlock the immense potential in our relations and build an ambitious, reliable and mutually beneficial partnership built on trust and shared objectives.

Anne Koistinen

European Union Ambassador to the State of Kuwait

Among the GCC countries, Kuwait's strategic location and vision can play an important role in advancing the connectivity between our regions. The forum can also benefit from Kuwait's wisdom and experience as the pioneer force behind Gulf's economic development and regional integration. The European Union stands ready to continue supporting the implementation of Kuwait 2035 Vision and unlocking the full potential of Kuwait's economy. We are ready to share our expertise and experience in areas where the EU has cutting-edge knowledge and regulations, including AI and new technologies, infrastructure development, transports and logistics or sustainable tourism. The European Union is Kuwait's second trading partner, but there is much more we can together.