23 March, 2015: Kuwait Direct Investment Promotion Authority (KDIPA) participated in the fourth session of the Kuwaiti-Russian Joint Committee for Economic, Commercial, Scientific & Technical Cooperation held during the period March 17-19, 2015 at the Kuwait Ministry of Oil premises. The Kuwaiti delegation was headed by H.E the Minister of Oil and Minister of State for National Assembly Affairs, and the Russian delegation was headed by H.E. the Minister of the Russian Federation for the Development of the Far East. KDIPA was represented by Ms. Reem Al Shayaa, Head of International Organizations Section, who took part in the Investment & Financial, as well as the Oil, Gas & Energy committees. Meetings were held with Russian government officials from the Ministry of Industry & Trade, the Ministry of the Russian Federation for the Development of the Far East, and the Russian Direct Investment Fund, whereby both parties exchanged legislations and discussed future cooperation. Other meetings were held with several Russian companies. Presentations on Law No. 116 of 2013 were delivered, and responded to questions raised by attendees. The Kuwaiti-Russian Joint Committee was formed by the Kuwaiti Council of Ministers Decision No. (481) of 1995, and the Ministerial Resolution No.(10) of 1996.
