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. Last Updated: 07/27/2016

Kuwait Told to Open

KUWAIT -- Opening the Kuwaiti oil sector to foreign companies is in the nation's security interests and is critical if the Gulf emirate is to flourish in the global economy, former U.S. Secretary of State Lawrence Eagleburger said Sunday.

When American, British, French or other companies invest in Kuwait, their governments will be even more concerned about their corporate interests and nationals, Eagleburger said.

"The involvement of foreign oil companies in a proper way here adds to the concerns that will be there if and when your security is ever threatened," Eagleburger said.