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Peru, Kuwait to sign new trade, investment deals as FM visits

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Plans for agreements on economic cooperation, investment protection, food security

KUWAIT: Peru and Kuwait are in the process of negotiating two significant agreements aimed at strengthening bilateral ties, Foreign Minister of Peru Elmer Schialer Salcedo told Kuwait Times in an exclusive interview Tuesday.

Salcedo arrived in Kuwait on an official visit commemorating the 50th anniversary of establishing diplomatic relations between the two countries. Peru’s top diplomat met with His Highness the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah at Bayan Palace, where he delivered a message addressed to His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah from Dina Ercilia Boluarte, President of Peru. In the message, the president “expressed willingness to strengthen political relations at the highest level,” said Salcedo.

According to Peruvian officials, discussions are underway for an agreement on technical and economic cooperation, as well as another focused on the promotion and protection of investments. Salcedo said the agreements are expected to provide a solid legal framework to enhance investment, trade, and the exchange of knowledge between the two countries, with a particular emphasis on advancing long-term food security initiatives.

The minister affirmed that his country has expressed its commitment to strengthening its bilateral relationship with Kuwait under the leadership of His Highness Sheikh Meshal. “Peru sees the partnership as even more relevant today, where the two countries have cultivated a solid friendship, fostered by ongoing political dialogue, cultural exchanges, and the dynamic partnership is full of promise for future growth and cooperation,” he commented.

The minister described his visit as “the return,” saying that this milestone marks a renewed effort to deepen the strong bilateral ties between the two countries. He highlighted the shared characteristics of both countries, including complex geographies that pose challenges such as water scarcity, limited arable land, and the imperative for economic diversification.

Despite these obstacles, both Peru and Kuwait have adopted forward-looking policies to reduce reliance on oil revenues and have successfully pursued strategies to diversify international trade. As a result, both countries have positioned themselves as strategic hubs for global investment, playing an increasingly vital role in supporting international economic stability and contributing to global peace and security. The Peruvian minister has underscored several key achievements that have shaped the partnership, saying that among the most notable are the establishment of political dialogue through the Political Consultations Mechanism and the signing of agreements in the fields of culture and the arts.

“Peru also views its growing ties with other Gulf countries as reinforcing the strategic importance of its relationship with Kuwait. Looking ahead, a major milestone on the horizon is the planned discussion of a comprehensive roadmap aimed at strengthening future initiatives and enhancing mutual understanding between the two countries.”

On the economic front, the minister indicated that Peru is actively working with Kuwait to lay the groundwork for greater investment cooperation, stating that efforts are underway to establish a legal framework that will support joint goals in trade and investment, particularly through economic and technical collaboration.

Regarding cultural cooperation, he noted that the two countries reached an important milestone with the signing of the Cultural Cooperation Agreement in late 2023, pointing out that this agreement has already yielded significant results, including collaborative efforts to preserve the intangible heritage of Sadu weavers and the ancestral weaving techniques of Peru. Another key initiative is the Memorandum of Understanding between the National Libraries of both countries, reflecting the ongoing commitment to cultural exchange.

Peru and Kuwait are also focused on improving travel and tourism, he added that discussions are underway to enhance connectivity, with both countries working on mechanisms to facilitate easier travel. Peru hopes to see direct results in the short term, including the establishment of direct flights and tourism agreements.

On the other hand, the minister said that Peru is looking to strengthen its agricultural trade ties with Kuwait, with a focus on food security as a shared priority. Recognized globally for its agricultural exports, Peru offers unique opportunities in the sector, with high-quality products and robust logistical facilities for export, and both sides are optimistic about initiating negotiations to establish a framework that will address food security needs and enhance trade in the food sector.

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Iran Embassy opens condolence book to honor victims of Zionist aggression

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KUWAIT: The Embassy of the Islamic Republic of Iran in Kuwait opened a condolence book, on Monday, to honor the victims of the recent aggression against Iran. The event was attended by officials, ambassadors, and media. Iranian Ambassador to Kuwait Mohammad Toutounchi expressed his appreciation for the positions of the Gulf Cooperation Council (GCC) countries, especially Kuwait, regarding the recent events, noting that Kuwait’s Foreign Minister had called his Iranian counterpart in a gesture that reflects the strength of bilateral relations, describing the presence of ambassadors at the embassy as “Noteworthy and Positive.”

The ambassador said in a statement that his country endured twelve days of intense aggression by the Zionist entity, joined by the United States in the final two days, explaining that Iran faced simultaneous attacks from countries equipped with nuclear capabilities and advanced technology, backed by NATO. He emphasized that the planners of this aggression had expected Iran to collapse within days. However, “The unity of the Iranian people inside and outside the country formed a formidable barrier.” He added that US intervention came only after ten days of failed efforts to achieve any ground breakthrough.

Toutounchi revealed that the number of victims exceeded 620 martyrs, with more than 5,356 wounded, including 13 children and 43 women, some of whom were pregnant, adding “Seven hospitals, six health centers, and dozens of ambulances were destroyed. These martyrs cannot be replaced whether they were children, military leaders, or academics, calling for the Zionist entity and the United States to be held accountable before international bodies to prevent such crimes from recurring.

Regarding Iran’s nuclear program, the ambassador reiterated Iran’s commitment to the Nuclear Non-Proliferation Treaty (NPT), pointing out that the country’s nuclear program, which represents less than 3 percent of global peaceful nuclear activities, has undergone over 23 percent of international inspections. He argued that this high inspection rate indicates no deviation toward military objectives.

He disclosed that Iran had recently agreed to five rounds of indirect negotiations aimed at reviving the diplomatic track and ensuring the peaceful nature of its nuclear program. He also stressed that Iran’s response against US military and intelligence bases in Qatar was a legitimate act of self-defense and was not directed at any neighboring countries, affirming Iran’s full respect for their sovereignty. He noted that Iran had communicated with Qatari leadership to clarify its position, stating that military bases in neighboring countries used by US forces cannot be considered safe havens for launching attacks.

Meanwhile, the Iraqi Ambassador to Kuwait Al-Manhal Al-Safi expressed his deep gratitude to Kuwait’s leadership, government, and people for facilitating the return of over 3,000 stranded Iraqi citizens by issuing more than 3,500 transit visas in just 12 days. The Iraqi ambassador affirmed his country’s full solidarity with Iran and condemned the aggression, revealing that Zionist aircraft had breached Iraqi airspace, prompting Baghdad to file an official complaint with the UN Security Council.

In the same context, the Sudanese Ambassador to Kuwait Awadal-Karim Al-Rayah Balla offered his condolences to Iran, describing the incident as “A blatant and unacceptable attack.” He called for regional unity to confront shared challenges, emphasizing that the targeting of Iran threatens all free peoples in the region. He urged a joint response to protect stability and to revive the Palestinian cause as a priority. The Sudanese envoy also pointed to the double standards in the international system, calling for crises to be addressed through international legitimacy rather than the imposition of forceful agendas.

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Exit permit now mandatory for expat workers

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KUWAIT: A decision mandating expatriates working in the private sector to obtain an exit permit with the prior approval of their employers comes into effect on Tuesday, July 1, 2025. Employees need to apply through the Sahel app or the Public Authority of Manpower’s website. The employer must then approve the request online before the authority issues the permit. The decision applies to private sector employees who have residency under article 18. Those who have article 19 residency – self-sponsored – are not required to obtain the exit permit.

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410 students benefit from Educational Care Bank project

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KUWAIT: Al-Safa Charitable Society announced that 410 students across various educational stages have benefited from the Educational Care Bank project for the 2024-2025 academic year. The initiative, implemented in collaboration with the General Secretariat of Endowments, provided a total of KD 100,000 (approximately $330,000) in educational support within Kuwait. Chairman of Al-Safa’s Board of Directors Mohammad Al-Shaya said in a press statement on Monday that the project reflects a shared commitment to supporting future generations by creating an educational environment free from financial obstacles. He emphasized that the initiative also aims to alleviate the financial burden faced by low-income families amid ongoing economic challenges.

Al-Shaya praised the General Secretariat of Endowments for its continued sponsorship of impactful and innovative projects that serve the community, particularly those focused on education. He noted that the Secretariat’s support for this program underscores its strong belief in education as a cornerstone for societal advancement and sustainable development. He added that Al-Safa Charitable Society, through this partnership, seeks to nurture a knowledgeable and responsible generation capable of contributing meaningfully to national development. The project, he explained, targets students who face difficulty in paying tuition fees, reaffirming the association’s belief in the right to education for all—without discrimination or financial barriers. — KUNA

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