Kuwait and Bahrain discuss establishing an economic forum to open new horizons for economic cooperation
صورة: وكالة الأنباء الكويتية (كونا)
Kuwait and Bahrain discussed establishing an economic forum to enhance commercial, industrial, and investment cooperation between the two countries, involving both public and private sectors.
Translated by Qiyas from كونا — Original source
Manama, October 29 (KUNA) -- Kuwait and Bahrain discussed today, Thursday, the possibility of establishing an economic forum involving both the public and private sectors in the two countries, aiming to explore available commercial and industrial opportunities, enhance communication among relevant stakeholders, and open new horizons for economic and investment cooperation.
The Kuwaiti Embassy in Manama stated in a statement received by the Kuwait News Agency (KUNA) that this discussion took place during Bahrain’s Minister of Industry and Commerce, Abdullah Fakhro’s, reception of Kuwait’s Ambassador to the Kingdom, Jasem Al-Najim, to explore ways to strengthen commercial and industrial cooperation and expand the scope of economic partnership between the two countries.
Both sides emphasized the importance of diversifying trade, encouraging partnerships between the private sector, developing industrial cooperation, and exchanging expertise to enhance the competitiveness of national products and open new markets for them.
They also touched upon the “Made in the Gulf” conference and its role in supporting Gulf commercial and industrial integration, as well as discussing the facilitation of the movement of goods and products, addressing commercial and procedural obstacles, and enhancing cooperation in the field of food security and the sustainability of supply chains.
Attendees from the Kuwaiti Embassy included Counselor Abdulaziz Al-Falah and Second Secretary Jineen Abu Aliyan. (End) K.N.A. / T.M.A.
