Kuwait Privatization Legislation Is Still On Back-Burner
But while the liberalization of foreign investmentlegislation is undoubtedly a positive step and "long overdue,"skeptics argue that it should not be allowed to stall more fundamental albeitmore painful structural reform. At the recent meeting of the Kuwaiti Chambersof Commerce and Industry, the President, Mr. 'Abd al-Razzaq al-Zayid al-Khalid,attributed responsibility for the drop in average economic...
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