As reported by Open4business, Chambers of Commerce and Industry of Ukraine and Kuwait On July 6, an online conference was held with the assistance of the Embassy of Ukraine in the State of Kuwait, in which about 50 representatives of the business circles of both countries took part. Director General of the Chamber of Commerce and Industry of Kuwait Firas Al-Oda. The meeting was the first practical event of this format between the chambers after a break of more than six years.
The main goal of the event was to establish direct contacts between businessmen of Ukraine and Kuwait. The parties presented current trade and investment opportunities, as well as identified promising areas of cooperation.
Ukrainian Ambassador to Kuwait Maksym Subkh in his speech emphasized the importance of intensifying the business component of bilateral relations, particularly in the context of involving Kuwaiti business in Ukraine's post-war reconstruction projects.
President of the Chamber of Commerce and Industry of Ukraine Gennadiy Chizhikov called on Kuwaiti business to consider Ukraine not only through the prism of war, but primarily as a country of opportunities and a future member of the European Union.
Conference participants discussed the possibility of systematic cooperation in the format of working groups in priority sectors, in particular in the agricultural sector, food industry, construction, energy, IT and logistics. The parties also exchanged contacts, presentations, and commercial offers.
According to the data provided, trade turnover between Ukraine and Kuwait amounted to $336.6 million in 2024, and $90.8 million in 2025. In the first five months of 2026, bilateral trade has already reached $102 million, exceeding the figure for all of 2025 year.
