Bahrain Chamber highlights China trade opportunities at key Industry Forum | THE DAILY TRIBUNE | KINGDOM OF …

Bahrain Chamber highlights China trade opportunities at key Industry Forum | THE DAILY TRIBUNE | KINGDOM OF …

TDT | Manama     
The Daily Tribune – www.newsofbahrain.com
The Bahrain Chamber, together with the Ministry of Industry and Commerce and the Economic Development Board, participated in a high-level delegation at the China-GCC Industry and Investment Forum held in Xiamen, China. During the forum, Sameer Nass, Chairman of the Bahrain Chamber, underscored the significance of the 35-year bilateral relations between Bahrain and China.
He highlighted that nonoil trade volume between the two countries reached approximately 2.186 billion US dollars in 2023, with Bahrain importing 2.15 billion US dollars from China, making China Bahrain’s largest trade partner.
Nass emphasized that the visit presented an opportunity to explore trade and investment prospects beneficial to both economies, particularly in promising sectors that could contribute to Bahrain’s economic growth. Nass also pointed out Bahrain’s promising market for Chinese investments in infrastructure, fintech, and artificial intelligence, owing to its important economic position in the Gulf region.
He highlighted ongoing negotiations between GCC countries and China for a free trade agreement, emphasizing the potential to enhance trade relations.
Given China’s status as the primary trading partner of GCC countries, Nass advocated for stronger industrial and investment collaboration to align with the Belt and Road Initiative and GCC development plans.
Mohammed Al-Koheji, Second Vice Chairman of the