NO. 7


Financial and Banking News

Economic Policy

Kuwaiti Trade Ministry Calls For Private Participation In National OilIndustry

Kuwait's Ministry of Trade and Industry has announced a long-term plan toencourage private industry and promote foreign investment. The plan explicitlycalls for private sector involvement in the state-owned oil sector, although itdoes not give any indication of how or when this could be achieved. The reportalso calls for the establishment of a...