Kuwait Direct Investment Promotion Authority (KDIPA) signed a Declaration of Intent on Cooperation in the Field of Direct Investment Promotion with the Government of the French Republic, represented by Business France, on Monday 19 October 2026, in the State of Kuwait in the presence of senior officials from both sides. On the sidelines of the official visit of His Excellency President Emmanuel Macron, President of the French Republic, to the State of Kuwait.
The Declaration of Intent was signed on behalf of the Kuwaiti side by H.E. Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah, Director General of KDIPA, and on behalf of the French side by H.E. Mr. Jean-Noël Barrot, Minister for Europe and Foreign Affairs.
The signing of the Declaration of Intent reflects the commitment of the State of Kuwait and the French Republic to strengthening their bilateral relations and advancing cooperation in a manner that reflects the aspirations of both friendly countries to broaden the scope of economic and investment cooperation and promote their mutual interests. The Declaration also seeks to establish a general framework for cooperation and coordination through the exchange of expertise, knowledge, and best practices in the field of direct investment.
KDIPA was also represented by Ms. Reem AlShaya, Director of the Legal Affairs Department.
