1st Pak-Bahrain Business Opportunities Conference on Sept 27

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ISLAMABAD, Jul 15 (APP): First Pak-Bahrain Business Opportunities Conference would be held here on September 27 to focus on investment opportunities in the field of agriculture products, meat, fruits and vegetables, banking, aviation services, jewelry, chemicals, footwear, furniture and textile.

The conference will be held in collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain.

A delegation of Bahrain Government lead by Dr. Shaikha Rana bint Daij Al-Khalifia, Assistant Under Secretary for Arab and Afro-Asian  Affairs and Organizations Directorate and member of the Royal family of Bahrain recently called on Minister for Commerce, Engr. Khurram Dastgir Khan here and discussed the plan to re-engage the two countries into fruitful economic dialogue.

The Minister informed the visiting delegation that Pakistan is opening new commercial office in Bahrain and a Commercial Councilor will be appointed there in the coming weeks.

Economic Development Board of Bahrain which has seven offices in different countries will open its office in Karachi soon to keep abreast with the business and investment opportunities appearing in Pakistan.

The meeting also decided to constitute Pakistan-Bahrain Business Council and make the Business Opportunities Conference a permanent feature of economic engagement between the two countries.

Javed Malik, Pakistan Ambassador to Bahrain said, Bahraini people of Pakistani origin who are in Bahrain since three generations will prove to be a catalyst for investment in Pakistan.

The Minister for Commerce said, the challenge for two Governments is to establish elaborate procedures to facilitate the businessmen in each other countries.

Dr. Shaikha Rana informed that Bahraini Foreign Minister and Speaker of the Parliament will visit Pakistan in the coming months which suggest the seriousness and urgency of the Bahraini Government to boost economic ties between the
two countries which have huge potential to grow.

The meeting was informed that Gulf Air, national carrier of Bahrain is planning to enhance its footprints to Lahore, Sialkot and other cities of Pakistan.

Quantum of bilateral trade between the two countries in 2014-15 was US$ 119.16 million. Pakistan exported US$ 74.92 million worth of items while imports stood at US$ 44.24 million in 2014-15.