4 days ago
Chamber Reports Trade Boost
TDT | Manama
Trade growth spotlighted at Bahrain-Korea forum Bahrain's trade with South Korea jumped by 15 percent in 2024, reaching over $458 million, the Bahrain Chamber revealed at the seventh Bahrain-Korea Business Forum held on Wednesday in Manama.
The forum, hosted at the Radisson Blu Hotel, brought together senior business leaders and government officials from both nations to review achievements and chart future opportunities.
Mohammed Abduljabbar Al Kooheji, Second Vice Chairman of the Bahrain Chamber, delivered the keynote address, stressing that the growth in trade reflects a deepening partnership built on trust and long-standing cooperation.
Strategic opportunities
Al Kooheji pointed to vital sectors such as life sciences, healthcare, tourism, education, financial services, and automobiles as areas ripe for investment and joint ventures. He encouraged Bahraini and Korean businesses to explore these domains to unlock shared value and innovation.
He further commended the forum's track record, noting that its continuity signals strong commitment from both sides to strengthen ties through consistent dialogue and collaboration.
Diplomatic presence
The forum was attended by H.E. Dr. Koo Heonsang, Ambassador of the Republic of Korea to Bahrain, who reiterated Korea's interest in broadening economic and trade cooperation with the Kingdom. Business representatives from both countries also discussed policy alignment and private sector facilitation.
Building on momentum
Held for the seventh time, the forum continues to serve as a bridge between two dynamic economies, with each edition reinforcing mutual economic goals and setting the stage for future growth.
The Chamber's participation underlines Bahrain's drive to leverage regional partnerships for sectoral diversification and post-oil resilience.
