Bahrain committed to enhancing key Arab industrial partnership

TDT | Manama                                                       

The Daily Tribune – www.newsofbahrain.com

His Excellency the Deputy Prime Minister, Shaikh Khalid bin Abdulla Al Khalifa, has affirmed that Bahrain prioritises the principle of integrated industrial partnership between Arab countries.

He said that this strengthens economic ties, enhances intra-trade and competitiveness, and exchanges experiences in information and technology, to achieve the goals of the comprehensive development process under the leadership of is Majesty King Hamad bin Isa Al Khalifa and the follow-up of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

Shaikh Khalid bin Abdulla was speaking as he attended, on behalf of HRH Prince Salman, the signing ceremony of several agreements between member states of the Higher Committee for Industrial Partnership for Sustainable Economic Growth, which the preparation for its fourth meeting is held in Bahrain on January 10-11.

Desired goals

The Deputy Prime Minister expressed hope that this meeting would achieve its desired goals towards an integrated industrial partnership that contributes to the sustainability of the economies of the member states, according to His Majesty King Hamad and his brothers, Their Majesties, Highnesses, and Excellencies, leaders of the member states.

He noted that these partnerships are significantly and positively contributing to consolidating the ability of member states to permanently adapt to the accelerating global economic changes, such as the challenges imposed by digital and technological transformation, and the shift towards a green and sustainable economy.

Shaikh Khalid bin Abdulla witnessed the announcement of the joining of the addendum of Morocco to the committee, which was signed by the five member states of the Higher Committee. The Deputy Prime Minister witnessed the signing ceremony of the partnership agreements and the announcement of projects whose combined value is estimated at approximately $2.2 billion, which came within the framework of increasing the domestic product of the four countries, creating job opportunities, achieving supply chain and replacing imports.

Upon arrival, the Deputy Prime Minister was welcomed by Abdulla bin Adel Fakhro, Minister of Industry and Commerce. Before the signing ceremony, he met with Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology of the United Arab Emirates; Yousef Mahmoud Al Shamali, Minister of Industry, Trade and Supply of Jordan; Ahmed Samir Saleh, Minister of Industry and Trade of Egypt; Riad Mazour, Minister of Industry and Trade of Morocco.