4 days ago
Bahrain, Saudi push strategic Economic Partnership
TDT | Manama
Bahrain and Saudi Arabia have taken a new step in advancing economic integration, launching a raft of joint sectoral committees and strategic initiatives at the eighth meeting of their Joint Business Council held in Manama on Wednesday.
The meeting brought together ministers, diplomats and business leaders from both nations, reflecting the intensifying drive to harmonise commercial frameworks under Bahrain's Economic Vision 2030 and Saudi Arabia's Vision 2030.
Shared path forward
H.E. Abdullah bin Adel Fakhro, Bahrain's Minister of Industry and Commerce, described the bilateral relationship as a unique model of Gulf integration that transcends borders. He noted the Kingdom's enhanced investment landscape and welcomed the decision to treat Bahraini products as local within the Saudi market, calling it a 'landmark enabler' of economic fusion.
Saudi Ambassador to Bahrain H.E. Nayef bin Bandar Al-Sudairi echoed the call for joint execution, saying the council is one of the arms through which the aspirations of both leaderships can be transformed into sustainable economic growth.
