PHD Chamber of Commerce and Industry and Bahrain Chamber
of Commerce and Industry (BCCI) have signed a Memorandum of Understanding (MoU)
as per which the two organizations have agreed to establish and develop
commercial links between business communities of two in general and their
respective members in particular.
The MoU was signed here between Senior Vice President,
PHD Chamber of Commerce and Industry, Mr. Anil Khaitan and Chairman, Bahrain
Chamber of Commerce & Industry, Mr.
Khalid A Rahman Almoayed in the Presence of Indian Ambassador to
Bahrain, Mr. Alok Sinha and among other senior functionaries of both the
Chambers.
The MoU also stipulates that the two chambers would
promote trade and investment relations between India and Bahrain and to
constantly endeavour to improve co-operation between the two Organisations as
well assist each of them in trade and market research, conferences, symposia
and other methods of trade promotional activity in each other's country.
Mr. Khaitan, who
is currently leading a high powered business delegation of PHD Chamber’s
members away to Bahrain emphasized that the MoU also provides to organise B2B
meetings, exhibitions, trade fairs and other such activities for closer trade
and economic relations between the two countries.
In addition, it also aims at create and maintain a
continuing exchange of information about economic developments and other
matters affecting the business interests of their members as also promote
visits of officials of both Organisations from time to time with a view to
fostering intense co-operation for improved business relations and rendering
better services to their respective members.
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