Nass calls for strengthening Arab-French Economic ties

TDT | Manama                                                 

The Daily Tribune – www.newsofbahrain.com    

Sameer Abdulla Nass, the Chairman of Bahrain Chamber of Commerce and Industry (BCCI) and Union of Arab Chambers President, has called for stronger Arab-French economic relations and increased trade exchange rates during the Arab-French Economic Summit 2023.

The event was held under the patronage of French President Emmanuel Macron with the theme “A Partnership That Must Be Forged in a World in Crisis”. Nass emphasized the significance of the union’s commitment to developing joint relations and the role of growing Arab-French ties in promoting broader horizons for cooperation in various fields.

He described the summit as a turning point in the process of joint action and a true awareness of what the current period requires. Nass also stressed the need for effective solutions to address global crises, including the Russian-Ukrainian conflict, which poses frightening repercussions on the overall economic situation in the European continent and the rest of the world.

He noted that the crisis has been negatively affecting energy, food security, supply chains and sectors, climate, and cyber security, in addition to posing geopolitical risks. The chairman further emphasized the importance of investing in human competencies and natural resources in the Arab region for their significant impact on the progress, development, and stability of countries.

He expressed his aspiration to achieve fruitful cooperation between Arab-French economic societies in the commercial, industrial, financial, tourism, and agricultural sectors.