Bahraini, Chinese economic relations reviewed

Manama, Sept. 14 (BNA): Finance and National Economy Ministry Undersecretary Yousef Abdullah Hammoud headed the fourth Bahraini-Chinese Economic, Commercial, and Technical joint committee meeting. The undersecretary met virtually with the Chinese delegation and praised the economic bilateral relations, and the level of cooperation in the economic, commercial, and investment fields. The meeting discussed the latest economic developments and reviewed commercial cooperation. He referred to the economic recovery plan launched by Bahrain, including facilitating trade procedures and increasing their effectiveness to attract foreign direct investment, and implementing major development projects in partnership with the private sector. The meeting stressed the importance of developing cooperation in the financial, infrastructure, industry, logistics, real estate, health care, and technology fields. The undersecretary praised the volume of the Bahraini-Chinese trade exchange and its positive results during 2021. They reviewed ways to develop fields of food security, and tourism and establish a point of contact in the commerce chambers and industry to enhance trade and investment cooperation.