Iraq ignited a Gulf firestorm by depositing maritime boundary maps that Kuwait says infringe on its sovereignty.
Browsing: Kuwait
China opened Kuwait’s first ammunition factory, producing NATO-standard rounds, deepening military ties while Kuwait remains a key U.S. ally.
Kuwait’s FATF “grey list” placement signals systemic weaknesses in combating money laundering, risking higher costs and reputational damage.
Iraqi politicians have challenged a 2012 maritime agreement with Kuwait, reigniting sovereignty disputes. Both governments must work to resolve the issue to prevent political friction from harming growing economic and security cooperation.
“The main hinderances to the project’s success are the difficulty of securing sustainable funding for such a megaproject and rampant inefficiency and corruption in Iraqi state institutions. The potential for insecurity and instability may discourage investors in the Development Road.”