Export Bahrain has signed a Memorandum of Understanding (MoU) with the Bahrain Chamber of Commerce and Industry (BCCI), which aims to increase business facilitations and provide the essential and integral support for Bahrain-based businesses to access global markets through Export Bahrain solutions.

 

Within the framework of the agreement, Export Bahrain and BCCI will unify their efforts to bolster the cornerstones of the business community in Bahrain to attract strategic investment partnerships and enhance the competitive work environment in the Kingdom. This will be done through the exchange of knowledge, statistics, market regulations, expertise, research, and mutual exchange of delegations to augment exports of national products and services, according to a statement by Export Bahrain. 

 

The strategic partnership will serve the exporters in Bahrain to utilise the facilitations provided through the diversified range of services and solutions offered by Export Bahrain, in cooperation with the Bahrain Chamber, to support the internationalization of businesses, the statement added.

Moreover, the MoU will enable the seamless access of Bahrain-based businesses to regional and international markets through seminars, webinars, workshops, trade exhibitions across multiple sectors, and B2B facilitations to support the promotion of Made in Bahrain products and services and ease their access to international markets by the two parties.

 

Chief Executive Officer of Export Bahrain, Safa Sharif Abdulkhaliq, emphasized the importance of advancing the areas of joint cooperation between Export Bahrain and the Bahrain Chamber of Commerce and Industry, highlighting the advancement it will lead to in achieving the goals of sustainable development for the Kingdom of Bahrain. “This partnership will bring higher opportunities to accelerate export growth and, in the process, foster a robust development of Bahrain-based businesses,” she said.

 

“The signing of the agreement comes within the framework of Export Bahrain endeavor to build bridges of communication and activate fruitful and constructive cooperation with both the private and public sector, in order to ensure the achievement of its main objectives, foremost of which is improving the efficiency of the export environment, by developing programs and providing incentives to exporters, and encouraging products of national origin in international markets and raising their competitive quality,” Abdulkhaliq further added.

 

On his part, Chief Executive Officer of Bahrain Chamber of Commerce and Industry, Dr Abdulla Bader Al Sada, outlined the necessity of building resilient partnerships and nurturing an environment where businesses can flourish, stating that the Bahrain Chamber is committed within this framework to expand business opportunities in international markets. He further added that the strategy is in accordance with the Bahrain Chamber’s strategy for its 30th session which aims to enhance partnerships and the economic understanding of international markets.

 

Dr Al Sada further noted that bolstering the business climate and expanding business opportunities with the aim of stimulating the participation of the private sector in sustainable economic development is among the Bahrain Chamber’s main priorities. He further noted that this strategic partnership with Export Bahrain will enhance the competitiveness within the business community, which will result in elevating the Kingdom’s position on the global trade map and accelerate the progress towards the Economic Vision 2030.”--TradeArabia News Service