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Kuwait Chamber of Commerce and Industry (KCCI) discussed with a visiting Austrian delegation means of boosting economic ties and trade volume.
The visiting delegation, which arrived yesterday for a few-day visit, is headed by Member of the Austrian Parliament and OSCE PA Vice-President.
Austria expressed that these visits serve to provide good knowledge on investment opportunities in both countries, and aims at exploring two-way investment prospects for Austria and Kuwait.
Austria’s biggest export partner is Germany, accounting for almost 29.5% of the total trade. Italy stands second with 8.6% and USA comes in third with 4.3%. Switzerland too has a prominent trading relation with Austria at 4.2% (2008 est).
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