LOC20:17
17:17 GMT
ALGIERS, May 8 (KUNA) -- Kuwaiti head of Chamber of Commerce and Industry
Ali Al-Ghanim met on Tuesday with Algerian Minister of Participation and
Promotion of Investments Abdelhamid Temmar.
Al-Ghanim told KUNA after the meeting that talks were very fruitful as they
attempted to grasp Algerian economic laws and Arabian Gulf investment issues
in the country.
Al-Ghanim added he was briefed during his meeting with Temmar on numerous
new investment projects, along with the great desire of "our Algerians
brothers to help Kuwaiti investments to the country."
The head of Chamber of Commerce and Industry described the talks as direct,
noting Kuwait's strong wishes to invest in Algeria.
However, Al-Ghanim said the problem which stands in front of such
investments is that such projects are only ideas and not thoroughly studied
ventures.
For his part, Temmar praised the visit by the Kuwaiti delegation, adding
that such discussions has contributed in enlighten "our Kuwaiti brothers in
the positive and suitable atmosphere for such investments."
Earlier, Al-Ghanim met with the Speaker of the Algerian People's National
Assembly Abdulqader bin Saleh.
The meeting gave the visiting Kuwaiti delegation a chance to better
understand Algerian legislations related to investment and partnership,
Al-Ghanim said. (pickup previous)
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