Kuwait supports Jordan in overcoming its economic crisis and commends the government on its efforts to achieve the country’s development goals, said Kuwait Prime Minister Sheikh Jaber al-Mubarak al-Sabah during a meeting with King Jordan Abdullah II at the Hasaniyah Palace.
Sheikh Jaber delivered a letter to King Abdullah from Emir of Kuwait Sheikh Sabah al-Ahmad al-Jaber al-Sabah, which focused on the historic ties between Jordan and Kuwait, as well as keenness to advance them further.
The meeting was also attended by Crown Prince Hussein and a high-level delegation of ministers, business people and private sector leaders.
The Premier also met with his Jordanian counterpart Omar Razzaz who described his country’s relations with Kuwait as “exemplary” of pan-Arab ties, as such “pinnacle” of a bond should be followed on all levels.
“Relations with Kuwait are solid and deep-rooted, which enabled both countries to achieve mutual interest and benefit for both peoples,” Razzaz said.
The Kuwaiti PM voiced his country's support to Jordan and hailed the strong relations between the two countries, adding that Kuwait will stand by Jordan to help it overcome the current conditions it is going through.
The PM also said that Kuwaiti investments in Jordan are among the highest, standing at about $18 billion and have create needed jobs for Jordanians.
Razzaz welcomed Sheikh Jaber’s visit, stressing that holding the fourth meeting of the joint Jordanian-Kuwaiti higher committee is “clear evidence of the deep” ties.
Razzaz and Sheikh Jaber praised the progress in the Jordanian-Kuwaiti relations over the past years, and expressed keenness to open new scopes of cooperation to serve their interests. The two signed various MoU in the fields of oil, gas, renewable energy, geology and others.
The Kuwait Fund for Arab Economic Development (KFAED) also signed with the Jordanian government a memo in the social affairs sector and a grant agreement of $6 million to establish two elementary schools in Amman, to meet the needs of the Syrian refugees and communities hosted in Jordan.
They also approved an amending agreement to reschedule Jordan’s debts to the Fund.
Kuwait deposited $500 million at Jordan Central Bank and the rest was in forms of loans for five years, reaching a total of $1.3 billion.
The Fund also granted the government 26 loans for economic and social development projects with a value of $580 million
