Bahrain Chamber of Commerce and Industry (BCCI) Chairman, Sameer Abdulla Nass, emphasised the necessity of further advancing Arab-French economic and trade relations, particularly amidst current global challenges and market fluctuations.
He encouraged the enhancement of economic ties across various fields, capitalising on the significant opportunities presented by Arab markets in industry, trade and development.
Speaking at the 53rd annual general meeting of the Arab-French Chamber of Commerce in Paris, he highlighted the factors supporting enhanced trade cooperation, noting France’s importance as a key partner for the Arab world. He pointed out the distinguished relations between Bahrain and France, noting that trade between Bahrain and France reached USD385 million in 2022, marking a 36 percent increase compared to 2021. Exports amounted to USD98,166,572, while imports totalled USD286,924,332.
He stated that the Arab and French business communities play a crucial role in boosting trade relations, actively contributing to increased trade and investment rates through their capabilities and resources. Furthermore, he affirmed the Union of Arab Chambers’ commitment to fostering and developing integrative developmental partnerships between Arab countries and their global counterparts.
