Bahrain Industry Minister meets with British Minister for International Trade

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Minister of Industry, Commerce and Tourism, Zayed bin Rashid Al Zayani, has affirmed that the United Kingdom is an essential investment partner at the global level. He stressed growing economic relations between the Kingdom of Bahrain and the UK, pointing out deep-rooted historical ties binding both countries and keenness on achieving common strategic visions.

Al Zayani was speaking during a meeting held with British Minister for International Trade, Ranil Jayawardena, in the presence of Ministry of Industry, Commerce and Tourism Undersecretary Imen Ahmed Al Dosari, Assistant Undersecretary for Local and International Trade Shaikh Hamad bin Salman Al Khalifa, Managing Director of the Economic Development Board (EDB) Simon Galpin and senior officials.

The meeting was held on the sidelines of the British Minister’s visit to the Kingdom of Bahrain. Discussions focused on ways of boosting bilateral cooperation in the investment field to serve the strategic development visions of the two friendly countries.

Al Zayani pointed out the key role that can be played by the private sector in both countries to achieve common goals. He also spotlighted the suitable investment climate in Bahrain and the development initiatives undertaken by the government to attract investments. He stressed the kingdom’s status as a favourable destination for many international projects and investments.

It is worth noting that the size of trade relations between Bahrain and the UK has grown remarkably with the current overall British investment in Bahrain attaining around $ 550 million in 2020.