Bahrain private sector eyes Asian markets
Manama, June 9, 2013
Bahrain's private sector is targeting Asian markets as the kingdom prepares to host a major trade and investment conference later this year, said a report.
The GCC-Asian Trade and Investment Conference and its accompanying exhibition in October will help attract Asian investments and strengthen co-operation between the Gulf and Asean countries, reported the Gulf Daily News, our sister publication, citing the Bahrain Chamber of Commerce and Industry chairman Dr Essam Fakhro.
Welcoming Bahrain's decision to host this mega business event, Dr Fakhro said this reflects the kingdom's success in organising major international events.
He hailed Bahrain's leading role in enhancing economic and trade co-operation between the GCC and the Asian region.
Dr Fakhro called upon participants to take advantage of such events to boost and consolidate economic collaboration and facilitate trade exchanges, particularly in the investment and economic fields.
He was speaking as he held a meeting with the deputy chief executive of the Malaysian events organiser, My-events International Group, one of the main partners in organising the event, Norman Kumar, in the presence of BCCI board member and chairman of the Promotion, Exhibitions and Conferences Committee Kadhem Isa Al Said and acting chief executive Nabil Abdulrahman Al Mahmood.
Dr Fakhro said that organising the conference and exhibition in Bahrain will play a key role in consolidating Bahrain's relations with Asian countries, its economic partners and open up new horizons for the Bahraini private sector.
"It will also push forward the efforts made by GCC and Asian countries for free trade exchange between them, facilitate bilateral trade, exchange information and data, develop a mechanism to settle trade disputes and exchange views on economic activities," he said.
Kumar affirmed that Bahrain is the perfect venue for such a conference and exhibition, thanks to its successful record in organising many regional and international events, and is among the highest-ranked in the field of international exhibitions and conferences.
He added that the conference would discuss GCC-Asian co-operation in education and training, infrastructure development, agriculture and food security and manufacturing, and will also shed light on the positive investment and economic atmosphere in Bahrain.-TradeArabia News Service