Mubasher: Bahrain has signed three strategic business partnerships with the governor of Hebei, an essential region of China’s economy, TradeArabia said.
The joint agreement aims at exploring opportunities to drive growth between both Bahrain and China.
The Bahrain–Hebei Business Forum witnessed the signing of several memoranda of understanding (MoUs); an MoU between the Bahrain Economic Development Board (EDB) and Hebei Provincial Department of Commerce to boost information exchange, an MOU between the EDB and CNBM International Corporation for discovering more opportunities, and another agreement between the EDB and Baoding Hanyang Technology for establishing a Middle East Management office in Bahrain.
“These agreements represent an important step towards stronger economic ties between China and Bahrain,” TradeArabia said, adding that “These come as part of the delegation’s nine-day visit to China’s principal commercial centres as Bahrain continues to develop business relationships across China.”
