UK desires Kuwaiti investments in British technology

UK desires Kuwaiti investments in British technology

A visiting British official has declared that London aspires to see Kuwait expand its enterprises in the United Kingdom to the technology field. Lord Dominic Johnson, Britain's Minister of State in the Department for Business and Trade, indicated in an exclusive interview with Kuwait News Agency (KUNA) that upon this aspiration, his current mission in the country mainly aims at bolstering mutual cooperation and partnerships to cover environmentally friendly technology. Lord Johnson, in the interview of KUNA, shed much light on the existing business and investment cooperation between the State of Kuwait and the UK, underlining that the two countries are celebrating the 70th anniversary of opening Kuwait Investment Office (KIO) in London. The KIO, one of the oldest of this level in the UK, has invested in many vital sectors, namely real estate and infrastructure, said the British minister of state. In fact, the Kuwaiti office was the first of its kind to be established worldwide, Lord Johnson affirmed, adding that many states took lessons from the Kuwaiti business experience. Shifting to other aspects of the historical Kuwait-British relationship, dating back to early times of the past century, Lord Johnson said these ties have not been restricted to investments,