International Update

With a substantial investment in oil facilities in Kurdistan, Kuwait has expressed concern over the stability of the region. The volume of investment projects in the private sector amounted to more 2 billion dollars. Kuwaiti companies ranked first among foreign investors, accounting for its investments of more than 42% of foreign investments in the region. With their investment at stake, the Kuwaiti government has recognized an independent Kurdistan within Iraq, but not encompassing adjacent nations. They criticized outside intervention including the PKK’s intervention in Turkey, and the incitement of any form of violence. Kuwait stands as the first to recognize an independent Kurdistan.