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Seeking to....expand, diversify trade and economic co-operation

Key GCC-Russia forum to focus on trade ties

MANAMA, December 11, 2014

A key high-powered forum on economic co-operation between Russia and the GCC will be held in Bahrain next week.

‘Trade and Industrial Dialogue: Russia-Gulf Co-operation Council,' will be held at the Ritz-Carlton Bahrain, Hotel and Spa on December 14 and 15, said a report in the Gulf Daily News (GDN), our sister publication.

The purpose of the forum is the expansion and diversification of trade and economic co-operation of Russia with the member countries of the GCC.

The event is organised by the Ministry of Trade and Industry for the Russian Federation and supported by Russia's Ministry of Economic Development, the Ministry of Foreign Affairs, Russian-Bahraini Business Council and the Economic Development Board (EDB).

The programme will include official meetings between the ministers of Russia and the Gulf countries.

The main plenary session will be led by Industry and Commerce Minister Zayed Rashid Al Zayani and Russia's Industry and Trade Minister Denis Manturov.

Energy Minister Dr Abdulhussain Mirza, Transportation and Telecommunications Minister and EDB acting chief executive Kamal Ahmed and Mumtalakat chief executive Mahmood Al Kooheji are also expected to take part in the discussions.

During the forum, working groups will conduct business-to-business meetings on banking, investments, development projects, innovations in shipbuilding, agricultural machinery, innovations in medicine, co-operation and united projects in the oil and gas industry.

Russian business will be represented by a 60-member delegation comprising the business leaders of the biggest companies and banks, like Gazprom chairman Victor Zubkov, Vnesheconombank chairman Vladimir Dmitriev, United Aircraft Corporation chief executive Mikhail Pogosyan, UralVagonZavod chief executive Oleg Sienko and Russian Direct Investment Fund chief executive Kirill Dmitriev. - TradeArabia News Service




Tags: Bahrain | Russia | GCC |

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