The head of the Iran-Kuwait Joint Chamber of Commerce, Ebrahim Gholamzadeh Zangeneh, has highlighted the growing potential for economic relations between the two countries, emphasizing the need to capitalize on new opportunities.

Key Points:

• Kuwait’s Import Needs: Kuwait imports approximately $37.5 billion worth of goods annually, including food, construction materials, industrial equipment, pharmaceuticals and medical equipment, and spare parts.
• Historical Ties: Iran and Kuwait have long-standing and deep-rooted relationships built on friendship, interaction, and cooperation.
• Increased Kuwaiti Participation in Iran Expo: There were 14 companies from Kuwait participating in the Iran Expo 2025 in Tehran, a significant increase compared to the previous year, indicating the Kuwaiti private sector’s interest in developing economic cooperation with Iran.
• Human and Economic Connection: Approximately 400,000 Iranians or people of Iranian descent reside in Kuwait, creating a human and economic link between the two nations.
• Iran’s Potential to Meet Kuwaiti Needs: Iran has the manufacturing capabilities to capture a significant share of Kuwait’s import market.
• Geographical Proximity: The geographical proximity of Iran and Kuwait is a unique advantage.
• Land Routes: Activating land routes through Iraq and facilitating transportation would enable Iran to supply a substantial portion of Kuwait’s needs.
• Bilateral Trade Target: Achieving a bilateral trade volume of $2 billion is a realistic and attainable goal.
• Kuwaiti Business Culture: The people of Kuwait are known for being genuine, sincere, and business-oriented, with a history of successful trade in the Persian Gulf region.
• Chamber of Commerce’s Role: The Iran-Kuwait Joint Chamber of Commerce is committed to providing collaboration and investment opportunities for economic actors in both countries and taking effective steps to deepen trade relations