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Chad looking to boost trade with Kuwait

Business Kuwait City 05 Jul 23
Chad looking to boost trade with Kuwait
Republic of Chad looking to boost trade with Kuwait, woos investors.
Fee
Event Location
Kuwait, Kuwait
Area
Kuwait City
Start Time
05 July 2023, 12:00 AM
End Time
31 August 2023, 12:00 AM
Website

The new Ambassador of the Republic of Chad to Kuwait, HE Taher Khater, said Kuwait was one of the first countries to make its presence felt in Chad through charities, saying its stances are well-known to all the Chadian people even before the start of diplomatic relations between the two countries, reports Al-Rai daily.

He pointed out that Chad is a virgin land whose natural resources have yet to be developed and added the Chadian laws and legislations are investor friendly.

He added that one of the largest areas of investment and possible cooperation with Kuwait is in livestock, as Chad owns 130 million heads of cattle including camels, cows and sheep, hoping that Chad will be one of the countries exporting livestock to Kuwait soon and contribute to food security. He added years ago his country began exporting livestock to Egypt, the Congo and Gabon, and because his country lacked a sea outlet and paved roads, the railways facilitated the export process.

The closest ports to Chad are Port Sudan, Cameroon and Nigeria.

“In Chad, we have investment opportunities in agricultural wealth and fish farms, minerals, gum and sesame.

He stated that the security conditions are excellent inside Chad, noting that his country is sending part of its army to help neighboring countries and has contributed in helping combat terrorism in African countries.



Kuwait Chad ties



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