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Kuwait-Austria trade at USD 66 million -- authority

Dr. Mudar Khojah, Secretary General of the Arab-Austrian Chamber of Commerce
Dr. Mudar Khojah, Secretary General of the Arab-Austrian Chamber of Commerce

By Mubarak Al-Hajeri

VIENNA, Jan 5 (KUNA) -- Trade volume between Austria and Kuwait reached 58 million euros (USD 66 million) in first half of 2018, said Dr. Mudar Khojah, Secretary General of the Arab-Austrian Chamber of Commerce.
Commercial exchanges between the two countries are forecast to reach KD 120 million (USD 136.5 million) after assembling all data and figures of the year second half, said Khjoha in a statement to Kuwait News Agency (KUNA).
Austria exports to Kuwait cars, fire engines, medicines, jewelry, food, mechanical spare parts, electrical appliances and chemical materials, said Khojah, who will partake in a forum, "Digital Transformation," due in Kuwait on Monday.
Praising the current level of commercial cooperation between Kuwait and Austria, Khojah forecast growth of the Kuwaiti-Austrian trade exchanges.
On the forum planned in Kuwait, he said the conferees would discuss setting up electronic sites for all local and Arab commercial chambers to facilitate access to information.
He affirmed Austrian companies' readiness to partake in Kuwait's mega projects, within framework of New Kuwait 2035 development strategy. (end) mah.rk