Kamal bin Ahmed conducts talks with Indian Minister

Bangalore: Jan. 29 (BNA): Minister of Transportation and Acting Chief Executive of the Bahrain Economic Development Board (EDB), Kamal bin Ahmed, led the Bahraini delegation in talks with Anand Sharma, Minister of Commerce and Industry, Government of India, on the side-lines of the Confederation of Indian Industry (CII) Partnership Summit in Bangalore. At the meeting

Bangalore: Jan. 29 (BNA): Minister of Transportation and Acting Chief Executive of the Bahrain Economic Development Board (EDB), Kamal bin Ahmed, led the Bahraini delegation in talks with Anand Sharma, Minister of Commerce and Industry, Government of India, on the side-lines of the Confederation of Indian Industry (CII) Partnership Summit in Bangalore.

At the meeting the two ministers discussed strengthening bilateral relations between India and Bahrain, in particular the growing trade and opportunities for Indian businesses who can take advantage of the fast growing GCC market, currently worth $1.5 trillion.

Also attending the meeting was Dr. Essam Fakhro Chairman of the Bahrain Chamber of Commerce and Industry (BCCI) along with several key members of the Bahrain delegation, including; Othman Mohamed Sharif Al-Rayes, Treasurer and Board Member, BCCI, Khalid Al-Amin, Board Member, BCCI, and Mohammed Dadabhai, Chairman of the Dadabhai Group.

Kamal bin Ahmed said:

“India and Bahrain have a trading relationship that stretches back thousands of years. Our countries are highly connected economically, with a large number of Indian companies choosing Bahrain as a base to access the wider Gulf region, and culturally, with around 300,000 Indians living and working in the Kingdom.

“Our discussion demonstrates commitment from both our countries to continue to build on and strengthen our economic partnership. By working together we can help both our economies to flourish and to create jobs for Indians and Bahrainis.”

India has long been one of Bahrain’s most important trading partners. In 2011 trade between the two countries reached $1.7 billion according to the International Monetary Fund (IMF). A large number of Indian businesses have already established operations in Bahrain as a means of accessing the wider Gulf market. Leading Indian companies with offices or facilities in Bahrain include: Tata Consultancy Services, Tech Mahindra, First Flight, KIMS, JBF Industries, Canara Bank, ICICI Bank, Bank of Baroda and State Bank of India. (Source: www.2030.bh/edbpress/en/‎).

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