Bahrain aims to boost trade ties with Japan and Korea

A high-level delegation from Bahrain, led by Industry and Commerce Minister Abdulla bin Adel Fakhro and supported by Sustainable Development Minister Noor Al Khulaif, is heading for a week-long visit to Japan and South Korea today.

Organised by the Industry and Commerce Ministry and supported by Bahrain Economic Development Board, the visit is designed to add value across a multi-year investment horizon in alignment with the Economic Recovery Plan to deliver sustainable benefits to Bahrain’s investment climate, economy, and society at large.

The visit will bring together an expert team from Bahrain’s public and private sectors to promote high-impact investment opportunities in Bahrain. In addition to key officials from the two ministries and the Bahrain EDB, the delegation will be supported by Bahrain Chamber, Bahrain Tourism and Exhibitions Authority (BTEA), Nogaholding, Alba, Export Bahrain, and Bahrain-based Gulf Aluminium Rolling Mill (Garmco).

Additionally the visit will be aiming to foster strengthened economic and trade ties across the two countries, focusing on key economic sectors namely financial services, manufacturing, logistics, Information and Communication Technology (ICT), and tourism; in both Japan and South Korea.

A dynamic lineup of events, site visits, and strategic meetings have been planned for the delegation to engage with influential government counterparts and representatives of leading companies with secured global reputations.

Starting in Tokyo, Japan, on the sidelines of the strategic business development meetings by the entire delegation, the Bahrain EDB will be hosting two headline events to shed light on investment opportunities.

The first exclusive roundtable will be held in collaboration with the Japan-Bahrain Economic Co-operation Association (JBECA) with select top-level executives, while the business forum co-hosted by the Japan External Trade Organisation (JETRO), titled ‘Accessing Opportunities in Mena via Bahrain’, will invite key stakeholders from leading companies in Japan and feature two panel discussions.

The first panel discussion will highlight investment opportunities in Bahrain, while the second session is titled ‘From Bahrain to the World: Stories of Success from Japanese Industry Leaders’.

Moving to Seoul, South Korea, in collaboration with the Korea Chamber of Commerce and Industry (KCCI) the Bahrain EDB, has organised a forum and networking event to discuss mutually beneficial investment opportunities.

The forum will witness sessions delivered by key members of the delegation, featuring a fireside chat to discuss Bahrain’s strategic value in enabling companies to access markets in Mena and beyond.

Commenting on the visits, Mr Fakhro said: “Economic diversification and innovation are vital pillars of Bahrain’s economic growth, and this curated delegation visit aims to secure new commercial opportunities across focused sectors, which will enable Bahrain to form strategic partnerships with Japan and South Korea, further building upon strong economic and trade ties."

 

 

Source: https://www.gdnonline.com/Details/1240858

 

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