Joint Business Councils

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The Board of Directors sought to make all efforts to enhance the relations between Bahraini private sector with its counterpart in various brotherly and friendly countries

Joint business councils are known to be a meeting that brings together a group of representatives from Bahrain's business sectors and counterpart countries. Their goal is to activate and develop Bahrain's economic and commercial ties with other countries in a variety of economic and commercial sectors by using a methodological framework that helps Bahrain and those countries achieve the goals they have set.

Joint business councils are set up in accordance with the political and economic views of both countries, with a focus on fostering trade and economic cooperation between the business sectors, addressing the issues and challenges the private sector faces, and researching potential investment opportunities, business opportunities, and economic programs and plans between the two countries.

 

The following are the fundamental roles of joint business councils:

  • Advising representatives from both sides about the direct and indirect investment conditions and opportunities in both countries, while enhancing Bahrain's position as a business hub and emphasizing its welcoming environment.
  • Promoting integration of the economy, industry, services, and knowledge; increasing exports; and transferring and exchanging skills. 
  • Promoting Arab and foreign investment in Bahrain and encouraging them about the country's potential business prospects.
  • Working together to plan conferences, seminars, exhibitions, markets, specific exhibitions, trade delegation exchanges, and other activities that will improve economic ties between the two countries.