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Highlighting the importance of Former US President Clinton's visit to Kuwait, NBK's Chairman, Mohammed Abdulrahman Al Bahar, said that it was a great honor for the Bank to be able to welcome Former US President Clinton to Kuwait where he will share with a select audience his perspective on the issues likely to shape the future prospects of the region and give some insight into the latest international developments.
A Historical Visit
The current historical visit of former US president Bill Clinton to Kuwait and his participation in NBK's symposium garners a wide official and media interest due to the historical ties between the two countries, on the one hand, and the significant role Clinton played on both international and local arenas during his tenure as the forty-second president of the United States of America for two consecutive terms from 1993 to 200.
During Clinton's presidency, the United States the strongest and longest period of economic growth in recent memory, while his political support for Kuwait during one of the harshest period in the history of Kuwait is still a part of the group memory of the Kuwaiti people.
Successful economic policies
Clinton's presidency will certainly be evaluated and studied in terms of major domestic successes; creating a budget surplus with low inflation, creation of more than 22 million job opportunities, in addition to reducing poverty, unemployment and crime to historically unprecedented low rates.
The vibrant economy also produced historically high levels of home ownership and the university enrollment. In terms of foreign policy, Clinton's initiatives included a successful effort to end ethnic conflict in Bosnia and Herzegovina; sponsoring the Oslo Accord between Israel and the PLO in 1993, in addition to bombing Iraq as well as introducing more open international trade and improving relationships with China, Mexico and Cuba.
Posted by Nadeen El Ajou
