29 Sep 2024

"Bahrain Chamber and JETRO Strengthen Ties to Boost Trade"

Second Vice Chairman of the Bahrain Chamber, Mohamed Alkooheji, highlighted the importance of strengthening relations with the Japan External Trade Organization (JETRO) to foster collaborative growth and ensure shared success for both counterparts.


This came as he received on Wednesday 19th August 2024 the Managing Director of Japan External Trade Organization (JETRO), Nobuyuki Nakajima in the presence of Executive Committee Member of the Bahrain Chamber, Basim AlSaie and Board member, Nawaf AlZayani.

 

Alkooheji stressed the need for active partnerships with JETRO to foster development in the business sector and improve existing and future commercial, economic, and investment relations. He emphasized that capatializing on the upcoming World Expo “Expo 2025” which will be held in Osaka, Japan will open new horizons for cooperation between Bahrain and Japan.

 

Similarly, Nakajima emphasized the importance of strengthening their organization's connection with the Bahrain Chamber of Commerce and Industry, noting that Expo 2025 presents a valuable opportunity for collaboration. He also highlighted the potential for arranging delegation exchanges, not only to Osaka but to other regions of Japan, with the goal of identifying areas for cooperation, investment, and enhancing trade between Bahrain and Japan.

 

For his part, AlSaie noted that there are investment opportunities in renewable energy, food security, IT and Fintech and the environmental sectors to boost trade. AlSaie emphasized that leveraging innovation and sustainable practices in these areas can not only enhance bilateral trade relations but also contribute to long-term economic growth and resilience.

 

For his part, AlZayani underlined Bahrain’s attractive investment environment, highlighting benefits like no income taxes, low operating costs, modern infrastructure, and skilled workforce. AlZayani further noted that Bahrain’s strategic location as a gateway to the Gulf region enhances its position as a hub for trade and investment across various sectors.

 

LA

 

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