Arab Today, arab today bahrain signs 4 agreements in beijing to promote stronger economic ties
Last Updated : GMT 05:46:11
Arab Today, arab today
Arab Today, arab today

Bahrain signs 4 agreements in Beijing to promote stronger economic ties

Arab Today, arab today

Arab Today, arab today Bahrain signs 4 agreements in Beijing to promote stronger economic ties

Meeting
Manama - BNA

A Bahrain business delegation, on a 10 day visit to China, has signed four Memoranda of Understanding (MoUs) to promote stronger economic and trade ties. The MoUs were signed on the side lines of the China Overseas Investment Fair, organised by the China Overseas Development Association (CODA). The Bahrain delegation visit has been organised by the Economic Development Board (EDB) and is led by HE Kamal bin Ahmed, Minister of Transportation and Acting Chief Executive of the EDB.
At the event the following MoUs were signed:
The China Overseas Development Association (CODA), the organisers of the China Overseas Investment Fair in Beijing, signed a MoU with the EDB to promote investment projects across a number of sectors in both markets.
The MoU follows a recent visit by CODA to Bahrain, where the EDB introduced the delegation to Bahrain’s investment environment, business registration procedures and industrial policy.
Chinamex, the Chinese government agency behind the ‘Dragon City Bahrain’ development, signed a MoU with the EDB to establish a regional trading centre in Bahrain. The agreement also includes provisions for Chinamex to support the EDB on business development trips to China and for the EDB to assist in the registrations of the Chinese companies to be housed at Dragon City China National Building Material Company (CNBM) and Chinamex signed a MoU to offertrade and financing services for the Chinese tenants at Dragon City Bahrain.
BCCI signed a MoU with China Association of International Trading to establish cooperation and ties aiming to promote mutually advantageous commercial and industrial interests and enhance the economic relations between Bahrain and China.
HE Kamal bin Ahmed, said:
"By creating the most open economies in the Middle East region, and delivering a favourable business environment, Bahrain is able to fully support China’s ‘One Belt One Road’ policy and act as the ideal hub from which Chinese businesses can access the fast growing GCC market, currently worth US$1.6 trillion.
"These four agreements will work to strengthen China and Bahrain’s already strong economic and trade partnership and will deliver high value added jobs for Bahrainis and significant returns for Chinese investors."
After Beijing the Bahrain delegation will visit Guangzhou, Shenzhen and Hong Kong. In each location the delegation will host an Invest in Bahrain Seminar to showcase to investors the Kingdom’s favourable business environment.
Bahrain’s favourable business conditions and strong economic fundamentals have been endorsed by the Heritage Foundation’s 2014 Index of Economic Freedom, which saw the Kingdom ranked 13th in the world and first in the Middle East and North Africa. A large number of Chinese businesses have already established operations in Bahrain as a means of accessing the wider Gulf market, which is now worth US$1.6 trillion and expected to reach US$2 trillion by 2020.
In April 2014, Bahrain and China celebrated 25 years of bilateral relation. Leading Chinese companies with offices or facilities in Bahrain include: Huawei, Bank of China, China Harbour Engineering Company Ltd, and CPIC.
The Bahrain delegation includes: Bahrain EDB; Central Bank of Bahrain; Bahrain Airport Company; Mumtalakat, the Bahrain sovereign wealth fund; Tamkeen, the Bahrain labour fund; Bahrain Chamber of Commerce and Industry; Citi Bank; Al Amal Group; AJM Kooheji Group; amongst others.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bahrain signs 4 agreements in beijing to promote stronger economic ties Arab Today, arab today bahrain signs 4 agreements in beijing to promote stronger economic ties

 



Arab Today, arab today
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 11:43 2017 Wednesday ,22 February

South Africa budget throws light on fractured ANC

GMT 11:35 2017 Wednesday ,22 February

British economy grows 0.7% in final quarter of 2016

GMT 06:04 2017 Wednesday ,22 February

Hammond closes in on budget goal

GMT 05:34 2017 Wednesday ,22 February

Euro zone economy outlook shines

GMT 04:10 2017 Wednesday ,22 February

US stocks finish at another all-time high
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st female Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st female Scotland Yard chief in 188 years
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday