Iranian President Mahmoud Ahmadinejad has welcomed Kuwait's proposal for setting up a USD 2-billion fund to fight poverty in Asia, Press TV reported.
He said the active contribution of Asian countries to the fund would greatly benefit their governments and nations.
During a meeting with the Kuwaiti Deputy Minister of Amiri Diwan Affairs Sheikh Ali Jarrah al-Sabah in Tehran on Sunday, Ahmadinejad termed Iran-Kuwait ties as brotherly and deeply rooted.
He added that Asian summits and cooperation within the framework of agreements reached at such high-level meetings will cement diplomatic ties and help promote regional solidarity.
Al-Sabah, for his part, said the Islamic Republic of Iran plays an important role in regional equations, stressing that Tehran's active participation in Asian forums will ensure their success.
He also pointed to the ever-increasing relations between Kuwait City and Tehran, and said Kuwaiti Sheikh Sabah al-Ahmad al-Jaber al-Sabah is resolute to forge strong ties with Iran.
At the end of the meeting, Sabah submitted a letter from the Kuwaiti ruler to Ahmadinejad.
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