Samir Abdullah Nass, Chairman of the Bahrain Chamber of Commerce and Trade, pressured the significance of activating and creating joint financial, funding and commerce relations between the Kingdom of Bahrain and the Republic of Algeria, calling for work to extend the quantity of present commerce exchanges between the 2 international locations in a method that meets the aspirations of each side.
This got here throughout his assembly with Mr. Tayeb Zitouni, Minister of Commerce and Export Promotion of the Republic of Algeria, on the event of his go to to the Kingdom of Bahrain to take part within the work of the thirty third Arab Summit, and Dr. Mahmoud Brahem, Ambassador of the Republic of Algeria to the Kingdom of Bahrain, within the presence of Mr. Khaled Muhammad Najibi, First Vice President of the Chamber, and Mr. Arif Hajres, Secretary. Monetary Secretary, and Mr. Walid Kanoo, Deputy Monetary Secretary.
Throughout the assembly, the President of the Chamber praised the prevailing bilateral relations between the Kingdom of Bahrain and the Republic of Algeria, stressing the Chamber’s readiness to carry bilateral conferences between businessmen from each side and to carry joint financial actions to boost the extent of financial relations and stimulate investments, noting the significance of exploiting the out there alternatives to maximise the alternate of experiences and establishing partnerships in sectors. Which distinguishes Algeria, particularly within the areas of meals safety.
The 2 sides pressured the significance of creating an built-in technique to extend the quantity of intra-Arab exports, along with coordinating and strengthening efforts on the Arab degree on this area in the direction of reaching financial integration alongside openness to the worldwide economic system.
In flip, Mr. Khaled Mohammed Najibi, First Vice President of the Bahrain Chamber of Commerce and Trade, pressured the progress and growth loved by the Kingdom of Bahrain within the monetary and insurance coverage sector, because the financial setting within the Kingdom is a fertile oasis for offering insurance coverage and monetary companies within the area, pointing to the significance of strengthening cooperation with Algeria on this area.
In flip, Mr. Tayeb Zitouni, Minister of Commerce and Export Promotion of the Republic of Algeria, pressured the relations between the 2 international locations and their peoples, stressing the significance of enhancing efforts to push financial cooperation to new heights and enhance bilateral commerce, particularly within the areas of meals processing, along with exchanging enterprise delegations and holding joint work missions to boost communication. Encouraging mutual investments.
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