Kuwait Direct Investment Promotion Authority (KDIPA) participated in the Third Session of the Kuwaiti – Hungarian Joint Committee for Economic Cooperation, which took place during 10-11 February 2020 in Budapest, Hungary. The Kuwaiti delegation was headed by the Under-Secretary of the Ministry of Finance, Mr. Saleh Al Sarawi, and the Hungarian delegation was headed by the Minister of State for Civilian Intelligence Services, H.E. Tamas Vargha.

KDIPA was represented by Ms. Balqees Al Noumas, from International Agreements Section. The two sides also discussed ways to strengthen bilateral cooperation in the field of direct investment between the two countries, removing obstacles that may obstruct their mutual cooperation through joint cooperation with officials and the relevant authorities in both countries, and monitoring the execution of the agreements concluded in the various fields of cooperation and implementing them in order to achieve mutual benefits for both countries.