Sameer Nass: The Bahraini Private Sector Desire to Strengthen the Partnership & Investment with Azerbaijan

  • Manama, Kingdom of Bahrain
  • 29 March 2021
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The Chairman of the Bahrain Chamber Mr. Sameer Nass pointed out to "the desire of the Bahraini private sector to enhance the opportunities for partnership and investment with Azerbaijan and to promote trade relations."

This came during Nass's meeting with the ambassador of the Riyadh-based Ambassador of Azerbaijan to Bahrain His Excellency Shahin bin Shaker Abdullayev, in the presence of a member of the board of directors Ahmed Sabah Al-Saloom, and the CEO, Mr. Shaker Ebrahim Al Shater.

Nass praised the growing diplomatic relations between the Kingdom of Bahrain and the Republic of Azerbaijan, calling for redoubling efforts and strengthening joint action in order to upgrade trade and investment relations to an optimal level, pointing to the modest trade exchange between the two friendly countries, which reached 689.3 thousand US dollars in 2020. He also affirmed the chamber’s readiness to intensify the efforts to raise the levels of trade cooperation in order to achieve the common interests between the two sides.

For his part, the Azerbaijani ambassador expressed his pride in the steady progress in the existing relations between the Kingdom of Bahrain and the Republic of Azerbaijan, reviewing the promising investment opportunities, especially in infrastructure and development projects. He also touched on the most important sectors that support the economy of Azerbaijan. In addition to the oil and gas sector, Azerbaijan focuses on diversifying its sources of income by pushing other sectors such as agriculture, food industry, tourism, information and communication technology, and renewable energy projects.

Source (BCCI Website, Edited)