Export Bahrain, Alibaba. com sign trade deal

TDT | Manama    

The Daily Tribune – www.newsofbahrain.com

Export Bahrain, the Kingdom of Bahrain's national export promotion agency and Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, yesterday signed a Memorandum of Understanding (MoU) to boost global trade and economic growth in Bahrain.

The MoU signed during the 6th China International Import Exhibition held in Shanghai, will enable Export Bahrain and Alibaba.com to leverage their respective strengths and expertise to facilitate trade, reduce barriers, and enhance market access for Bahraini businesses.

The MoU was the result of extensive discussions held on the sidelines of a high-level trade visit to China by Abdulla bin Adel Fakhro, Bahrain's Minister of Industry and Commerce.

Export Bahrain and Alibaba. com will work together to: Facilitate trade and reduce barriers for Bahraini exporters, and Enhance market access for Bahraini businesses. Abdulla bin Adel Fakhro;, Minister of Industry, trade & Commerce and Chairman of Export Bahrain said, "This MOU is a testament to our commitment to enhancing Bahrain's global trade footprint.

Alibaba.com's extensive global reach aligns perfectly with our goals to empower Bahraini exporters to expand into international markets." Safa Akhaliq, CEO of Export Bahrain and Andrew Zhang, Vice President & Head of Global Supplier Development of Alibaba.com, welcomed the deal.