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The Kuwait Petroleum Corporation and the Kuwait Investment Promotion Authority organized the International Trade Partners Forum to promote sustainable supply in the oil sector, with participation from international and local companies and entities. The aim of the forum is to enhance transparency and facilitate direct contracting with suppliers, within the framework of the recent amendments to the corporation’s law, which expand the competition base and provide opportunities for qualified suppliers worldwide. Both parties emphasized the importance of attracting investors and diversifying supply sources to ensure the availability of high-quality materials and services that meet global standards, as well as supporting economic growth through strategic partnerships and the development of the oil sector.
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