Bahrain to import more VN goods
Wednesday, April 18,2018AsemconnectVietnam - Members of the ASEAN Bahrain Council (ABC) have expressed interest in importing more textile and wood products from Viet Nam to Bahrain, Vo Tan Thanh, director of HCM City-based Viet Nam Chamber of Commerce and Industry, said.
Bahrain is currently importing these products from other countries, but would prefer to import more of them from Viet Nam, he said.
Sheikh Duaij bin Isa Al-Khalifa, chairman of the ASEAN-Bahrain Business Council who led the delegation to Viet Nam, said the trip would promote the Vietnamese and Bahraini business communities and help achieve economic growth and prosperity across ASEAN and the Gulf Cooperation Council (GCC).
Established in 2017, ABC wants to be the premier advocacy organisation for Bahraini corporations within
ASEAN, serving as the leading voice for the Bahraini private sector in promoting mutually beneficial trade and investment relationships between the Kingdom of Bahrain and ASEAN.
“We plan on playing our part in increasing trade, investment, tourism and cultural relations, while developing our local economy and enhancing mutual consultative relations,” Khalifa said, adding that Bahrain wants to be a regional hub for the ASEAN countries.
ABC has been at the forefront of creating a business friendly climate for investors from the ASEAN region to invest in Bahrain and vice versa, according to the chairman.
ABC plans to set up two permanent offices in Ha Noi and HCM City which will help cater to the needs of businesses interested in expanding to the Middle East and North African region, using Bahrain as a hub.
It is the financial capital of the GCC countries and has direct access to the US and UK for all businesses setups in the Bahraini Emirati.
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