Bahrain Chamber is seeking to implement a comprehensive strategy to develop economic co-operation between Bahrain and various countries across the world with the aim of increasing the rates of trade exchange, enhancing investment co-operation and exchanging industrial experiences, said chairman Sameer Nass.
There are great opportunities to enhance trade and investment co-operation between Bahrain and Germany supported by bilateral ties in various fields. The volume of non-oil trade exchange between the two countries has grown by 24 per cent, reaching 624.6 million euros, an increase of 149m euros compared with 2019, he pointed out.
Mr Nass was speaking as he concluded his participation as head of the Bahrain Chamber delegation in the 25th Arab-German Business Forum, which was held in the German capital, Berlin, from June 21 to 23.
He called on German companies to expand investment in Bahrain to avail themselves of the kingdom’s strategic geographical location to move on to GCC and Arab markets, especially in light of great development in the logistics sector infrastructure, in addition to the facilities and services provided by the investment climate in Bahrain, accompanied by a legislative system that attracts investment.
“The chamber looks forward to activating the role of business forums to mobilise capabilities to introduce investment opportunities available to the Bahraini-German business sectors, which contributes to increasing trade and investment partnerships between the two countries,” he noted.
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