Kuwait Court of Cassation principle number 496

The Economic Agreement between the Gulf Cooperation Council States, approved by the State of Kuwait by Law 5 of 2003. It accorded equal treatment to the nationals of these States in all economic fields. The implication of this. Nationals of those States signatory to the Agreement may engage in all economic, investment, and service activities, including engagement in commerce within Kuwait on their own and without partnership with a Kuwaiti national being imposed upon them, as an exception to the general rule established in Article 23 of the Commercial Code. Reason for this. Priority in application is given to the provisions of this Agreement where they conflict with the domestic laws and regulations of the member States. Article 32/1 of the Agreement. Example concerning the entitlement of nationals of the Kingdom of Saudi Arabia to engage in commercial activity on their own within Kuwait. - 443 - Procedure