Industry and Commerce Ministry and EDB coordinate business delegation visit to India

Manama, Feb. 18. (BNA) — On the sidelines of the historical visit of His Majesty King Hamad bin Isa Al Khalifa to the Republic of India, the Ministry of Industry and Commerce (MOIC) and Economic Development Board (EDB) are, this week, coordinating a business delegation visit to Delhi and Mumbai with the aim of boosting

Manama, Feb. 18. (BNA) — On the sidelines of the historical visit of His Majesty King Hamad bin Isa Al Khalifa to the Republic of India, the Ministry of Industry and Commerce (MOIC) and Economic Development Board (EDB) are, this week, coordinating a business delegation visit to Delhi and Mumbai with the aim of boosting investment between the two countries.

Accompanying His Majesty King Hamad bin Isa Al Khalifa, will be a delegation including Ministers, government officials and high profile members of the Bahrain business community who will arrive in New Delhi to conduct several meetings before travelling to Mumbai for a business seminar hosted alongside the Confederation of Indian Industry (CII) on 21st February.

H.E. Dr. Hassan Fakhro, Minister of Industry and Commerce, said: “the deep-rooted Bahraini-Indian relations go beyond commercial trade and include cultural and political sides, as well.”

He added: “the Kingdom provides an ideal gateway for Indian businesses seeking to access the GCC and wider MENA region markets, and offers free trade access to the United States. Given this, we are pleased to be returning to the country to build on our friendship and explore opportunities for greater cooperation and partnership.”

Speaking ahead of the visit, H.E. Kamal bin Ahmed, Minister of Transportation and Acting Chief Executive of the EDB said: “It is a great pleasure to be visiting India again and we look forward to the opportunity to build on the excellent ties between our two countries, especially with our aim to strengthen the bilateral business relations following the directives of His Majesty the King. These meetings are an excellent example of the importance of partnerships to enable countries to flourish in the modern global economy.

He added: “Indian businesses are expanding and increasingly looking to invest internationally in order to continue that growth. With the market opportunities in the GCC, there is an excellent potential for both sides to gain by working together.”

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