29-01-2025
- Business
- Bahrain News Gazette
Bahrain Grants Partnership Status for Italy's Sea-Air Freight Services
Manama: The Kingdom of Bahrain has granted the Italian Republic partnership status for sea-air freight services, announced during the official visit of Her Excellency Giorgia Meloni, President of the Council of Ministers of the Italian Republic.
According to Bahrain News Agency, the announcement reflects a shared commitment to enhancing economic and trade relations between Bahrain and Italy. This partnership aims to support collaboration across various sectors and attract high-value investments, thereby developing their economic and trade partnership.
Abdullah bin Adel Fakhro, Minister of Industry and Commerce, highlighted the importance of enhancing Bahrain-Italy relations, particularly in global freight services. He emphasized the commitment to developing bilateral cooperation to benefit both nations.
Minister Fakhro noted that this partnership will enable Italian companies to obtain official certification as authorized operators of sea-air freight services. This initiative is part of Bahrain's efforts to establish partnerships with other countries, allowing companies based in these nations to apply for certification and benefit from exclusive advantages as operators of this service.
Bahrain launched the Global Sea-Air Hub in 2021 to enhance the integration between Khalifa Bin Salman Port and Bahrain International Airport, offering faster and more cost-effective services compared to standalone sea or air freight.