DAFZA, Export Bahrain sign cooperation agreement
Dubai Airport Freezone Authority (DAFZA) has signed a strategic cooperation agreement with Export Bahrain.
The deal establishes frameworks for technical collaboration to support their joint efforts in institutional development, facilitating business activities, supporting companies and their plans for growth and expansion and exchanging information and expertise.
Amna Lootah, Assistant Director-General of DAFZA; and Safa Abdulkhaliq, Acting Chief Executive Officer of Export Bahrain, signed the agreement.
The agreement grants Export Bahrain access to the global companies that set up headquarters in Dubai Airport Freezone to support Bahraini exporters according to a framework established by the agreement.
It will grant DAFZA access to the companies supported by Export Bahrain to work towards improving the companies’ relations with their counterparts in DAFZA and exchange information, services, and offers.
The two sides will cooperate to organise activities, workshops, seminars, and conferences to support establishing relations between companies, in addition to cooperating in research and development and other relevant fields.
The agreement facilitates for the companies a network of relations and partnerships, helping them to expand in target markets, and access the largest possible client and consumer base.
"This agreement is also the cornerstone of strategic cooperation that benefits both sides and their short and long-term goals.
It serves as a starting point for active cooperation that strengthens the offers provided by DAFZA and Export Bahrain, particularly during the next stage which will witness recovery from the impact of the COVID-19 pandemic on economic sectors," she added.
"The signing of this MoU with DAFZA comes within our strategic plans to continue creating a network of strong relationships with key regional and international partners, to advance SME operations by providing them access to additional facilitation and potential growth opportunities, said Abdulkhaliq.
“The Memorandum permits SME exporters based in Bahrain to capitalise on the supportive facilities offered by DAFZA, such as its business-friendly environment, world-class infrastructure, tax exemptions and more, to meet their regional and global exporting aspirations. A This step, she said, provides a framework that will allow both sides to implement an integrated practice for enabling companies in each party’s jurisdiction to grow their businesses in the region and beyond”, he added.
Export Bahrain continues its efforts to support non-oil exports by expanding its business development services, by providing a package of high-quality services and solutions to help companies reach foreign markets and to help develop and diversify Bahraini products.
