Kuwait called on Chinese investors to increase investment in the country.

The call was issued by Rabah Al-Rabah, director general of Kuwaiti Chamber of Commerce and Industry, at the second Kuwait Investment Forum, which kicked off on March 20 in Bayan Palace in Kuwait City.

China and Kuwait currently maintain practical cooperation in a wide range of fields, especially within the framework of the Belt and Road Initiative, he said.

The initiative, proposed by China in 2013, aims to build a trade and infrastructure network connecting Asia with Europe and Africa along ancient trade routes.

"In the past few years, China has always been one of Kuwait's most important trading partners. We hope that more Chinese investors will come to Kuwait to do business," Al-Rabah noted.

"We encourage and support trade liberalization and policy of openness, opposing all trade barriers," he said, noting that it is also an important basis for encouraging foreign investment.

Chairman of China Council for the Promotion of International Trade (CCPIT) Jiang Zengwei who was participating in the forum, made four proposals in deepening cooperation between Chinese and Kuwaiti enterprises.

“First, we need to push forward the cooperation in key projects and speed up the construction of the Silk City and Five Islands development zones in Kuwait. Second, we need to foster energy cooperation and establish long-term and stable energy partnership. Third, we need to explore cooperation in infrastructure and promote the polarized development of Kuwait’s economy. Last but not least, we need to enhance cooperation in modern service industry to bring new impetus to the local economy,” added Jiang.

The two-day Kuwait Investment Forum will focus on the prospect of investment in the country, its commercial facilities, business opportunities, funding and sustainable development.

The first forum was held in March 2017, shedding light on Kuwait's approach toward sustainable development and innovation.

(Part of the text from Xinhua)