One of the priorities of the U.S. Embassy in Kuwait is to broaden and deepen trade and investment between our two countries, and it is great to have the ABCK as one of our longest-term and most important partners in this effort.
U.S. exports to Kuwait have been rising in recent years, reaching an all-time high in 2017, 5.2 billion dollars. While the aviation sector led the way, virtually every sector was up over previous years. We hope that trend will continue.
While export numbers are up, Kuwait remains a challenging place to do business. According to the World Bank’s Ease of Doing Business ranking, Kuwait is 6th in the GCC and 97th globally in ease of doing business. The Embassy is encouraging, and working with, the government of Kuwait to improve its business environment, its intellectual property rights protections, and its procurement processes to make Kuwait a more attractive destination for U.S. firms to consider pursuing business opportunities.
I encourage ABCK membership to think of new ways to advance U.S. business opportunities in Kuwait. How can ABCK and the Embassy work together to improve business conditions here for American companies? What can we do together to ensure U.S. firms are well represented in upcoming projects as Kuwait looks to its future, and to ensure that U.S. firms are treated fairly and equally in government tenders.
I want to congratulate U.S. companies for being good corporate citizens as well. Complementing your business activities with support for worthy social causes and to undertake training for new generations of Kuwaitis is not just good corporate social responsibility; it demonstrates the value of strong U.S.-Kuwait relations.
The Embassy looks forward to our continued partnership with ABCK to support the positive growth of the U.S.-Kuwait bilateral trade and investment relationship.
Ambassador Lawrence R. Silverman
Ambassador of the United States of America to the State of Kuwait