PM Modi's Kuwait visit, Guard of Honor given at Bayan Palace
PM Kuwait visit: The Prime Minister Narendra Modi is on a Kuwait visit and he has been honored with a Guard of Honor here. PM Modi has been honored with a Guard of Honor at Bayan Palace. Let us tell you that today is the second day of Prime Minister Narendra Modi's Kuwait visit. During this visit, there will be many trade agreements between the two countries. The Indian government is working towards strengthening relations with the Gulf countries.
Meanwhile we let you know that the number of Indian immigrants is the highest in Kuwait and due to this also the relations between India and Kuwait are very important.
Why is this visit of PM Modi special
This will strengthen the relations between the two countries and after this many trade agreements are also expected between the two countries. In 2022-23, trade worth billions of dollars have taken place between the two countries and now it will be taken forward.
Bayan Palace is a symbol of power in Kuwait
Let us tell you that Bayan Palace is a symbol of power in Kuwait and embassies of many countries are also located here. After this, PM Modi will meet the Emir and Crown Prince of Kuwait. He will also meet the Prime Minister of Kuwait. In these three meetings, strengthening bilateral relations will be discussed. In recent years, trade between Kuwait and India has exceeded $ 10 million and in 2022-23, exports from India to Kuwait have increased by more than 34 percent. After this, many agreement documents will be signed in the meetings to be held now.
Investment is considered important
Investment is considered the most important in this. Mutual investment and bilateral investment are considered important. Currently, Kuwait has invested more than 10 billion in India and India needs more investment. Apart from this, defense is also being considered important. Talks are already going on between the two countries regarding this. Let us tell you that 30 percent of the workforce in Kuwait is Indians.
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