Kuwaiti trade vision 'may result in taxes'

The unprecedented shake-up in Kuwait’s ruling family should not effect the tiny, oil-rich country’s close ties to Washington, but analysts said tonight there could be significant changes in Kuwait, such as the imposition of taxes.

Kuwaiti trade vision 'may result in taxes'

The unprecedented shake-up in Kuwait’s ruling family should not effect the tiny, oil-rich country’s close ties to Washington, but analysts said tonight there could be significant changes in Kuwait, such as the imposition of taxes.

The emir-designate brings to power a liberal economic philosophy and a vision for turning Kuwait into a Gulf-region financial hub, returning to its pre-oil discovery heritage as a centre of trade.

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