LOC09:58
06:58 GMT
By Ahmad Al-Furaij
KUALA LAMPUR, May 8 (KUNA) -- Malaysian Deputy Prime Minister and Minister
of Defense Mohamed Najib bin Abdul Razak praised on Thursday the Kuwaiti
initiative to establish a fund for "good life" in Muslim countries that was
launched in the fourth World Islamic Economic Forum (WIFE).
Abdul Razak expressed to Kuwait News Agency (KUNA) gratitude to Kuwait's
generous initiative and contributions to improve economic conditions in
Islamic countries.
Kuwait declared allocation of USD 100 million to establish the fund,
calling on all regional and international funds and organizations to support
the initiative.
Establishment of the fund for "good life" in Muslim countries was aimed at
securing food and providing basic requirements to people in need.
The Malaysian official said holding the WIEF forum in Kuwait was of special
importance due to the state's economic and political weight in the region and
its active role in the Islamic world.
He said the Kuwaiti-Malaysian relations have considerably improved at all
levels, namely after the recent visit by Malaysian Prime Minister Abdullah bin
Ahmad Badawi to Kuwait, adding that his country is seeking to enhance
cooperation with Kuwait at all levels.
He also expressed his hope that his country would receive support from
Kuwaiti investors from both public and private sectors and hoped that they
would stand shoulder-to-shoulder with Malaysia to be one of the world
financial centers.
He also hoped that ongoing consultations between representatives of the two
countries' private sectors would boost trade and investment exchanges.(end)
asf.sab
KUNA 080958 May 08NNNN