Bahrain-Thailand for greater ties

TDT | Manama

A first of its kind hybrid-virtual business matching event held by Bahrain Chamber of Commerce and Industry resulted in enhancing Bahraini-Thailand ties in various sectors. The event held via VIXMA platform offered business owners the opportunity to mull business and partnerships in sectors like organic food, beauty, hotel supply, and spa & wellness.

The Chief Executive Officer of the Chamber Shaker Al Shater voiced pride in the deep-rooted relation between Bahrain and Thailand, and the extensive cooperation at all levels, with 12 agreements and 17 memoranda of agreements signed between both sides.

Shedding light on the economic challenges that came along with the Coronavirus pandemic and the lockdown and containment measures, he stressed the need to capitalise on technological advancements and innovation. Al Shater expressed the keenness of the private sector in Bahrain on reinforcing liaison with their Thai counterparts, and the readiness of the Bahrain Chamber to facilitate and support all those endeavours.

Al Shater highlighted Bahrain’s top rank in economic freedom allowing 100 per cent foreign ownership in some business activities, strategic location giving access to the 1.5 trillion dollars GCC market, pioneering standing as a financial hub, and advanced transportation and telecommunications infrastructure.

On this note, Bahrain’s ambassador to Thailand Ahmed Abdulla Al Hajri expressed pride in the strong ties between Bahrain and Thailand and the high-level cooperation. He also called Thai business owners to mull investment and partnership opportunities, and to benefit from the vast features offered to foreign investors. He underlined Bahrain’s favourable business legislation and laws including the updated bankruptcy law, and shed light on the ease of starting up a business in Bahrain using Sijilat platform.