Bahrain, UK explore new economic ties
Chairman of the Bahrain Chamber, Sameer Nass received the Minister of Investment of the United Kingdom, Baroness Poppy Gustafsson yesterday at the Chamber's headquarters.
Speaking at the meeting, Nass praised the historic and growing partnership between Bahrain and the United Kingdom, noting that bilateral trade has surpassed USD 600 million, with an increase of 43%.
He also outlined the Chamber's role in helping drive Bahrain's economic development and emphasized the attractive opportunities available to British investors across various sectors such as technology, financial services and cybersecurity.
Nass highlighted Bahrain's strategic location, pro-business regulatory environment, and openness to foreign investment. He further pointed to Bahrain's robust financial infrastructure and highly skilled workforce as key advantages for UK companies looking to expand into the region, encouraging the development of joint ventures and long-term partnerships.
Minister Gustafsson expressed her enthusiasm for exploring innovative forms of collaboration. She commended Bahrain's inclusive and dynamic business community and proposed the exchange of more trade delegations to deepen ties. She also called for increased cooperation in the areas of digital innovation and sustainable economic development.
Also present at the meeting were Bahrain Chamber's second vice-chairman Mohammed Alkooheji, vice-treasurer Waleed Kanoo, board members Nawaf Alzayani and Sawsan Abualhasan.
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