GCC KEEN ON BOOSTING ECONOMIC PARTNERSHIP WITH INDIA – KUWAIT FM

NEW YORK, Sept 27 — The Gulf Cooperation Council (GCC) member countries look forward to further boosting economic relationship and partnership with India in all domains, a senior Kuwaiti government official affirmed Friday.

First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah, leading the GCC side to a ministerial troika meeting with Indian Foreign Minister Sushma Swaraj, said trade balance between the two sides sky-rocketed from USD five billion in 2001 to USD 153 billion last year.

“With such historic trade and cultural ties that bound our two sides, we can look to the future with much promise and certainty, commitment and determination that both sides will work together to take this relationship to even more prosperous horizons,” said Sheikh Sabah Al-Khaled, who is member of the official Kuwaiti delegation taking part in the UN General Assembly (UNGA) meetings.

He pointed out that Indian nationals working in the GCC countries “played a pivotal role in the development of our nations in all fields and sectors.” Sheikh Sabah Al-Khaled said GCC-India trade and commercial partnership was build over centuries, when pearls and dates from the Arabian Gulf were exchanged for Indian spices and food.

“The hospitality of both our cultures was reciprocated between traders and merchants,” he said.

SOURCE: KUNA