Bahrain committed to boosting volume of joint trade exchange with Brazil: HM King Hamad | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

  • Date: 16-Mar-2021
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Financial Markets
  • Country:Bahrain
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Bahrain committed to boosting volume of joint trade exchange with Brazil: HM King Hamad | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

His Majesty King Hamad bin Isa Al Khalifa yesterday stressed Bahrain's sustained drive to achieve economic diversification, by focusing on smart technology-driven sectors in particular.

During yesterday's remote meeting with Brazilian President Jair Bolsonaro, HM the King stressed commitment to support projects which would help boost the volume of joint trade exchange with Brazil, which stood at $902 million, consisting mainly of iron, steel and oil.

“We look forward to continuous growth in the commercial partnership between our two countries.

We have directed the relevant economic authorities to discuss commercial opportunities with their counterparts in Brazil,” he said.

HM the King said that the Brazilian trade delegation to Bahrain would provide a propitious occasion to explore investment opportunities.

He commended President Bolsonaro's efforts to combat the COVID-19 pandemic which took a devastating toll on the