Bahrain's Prime Minister Sheikh Khalifa Bin Salman Al-Khalifa will make a two-day visit to Malaysia from Wednesday, October 31 to reinforce political and economic ties.
"Malaysia attaches importance to this visit as it believes that the visit would further strengthen and enhance the bilateral relations and economic cooperation between the two countries," Bernama news agency said Tuesday quoting a foreign ministry statement.
Two memorandums of understanding (MoUs) and three agreements would be signed during the visit. Malaysian Prime Minister Mahathir Mohamad and his Bahrain counterpart would sign the MoUs -- one for the establishment of a Malaysian Trade and Distribution Center and the other to develop Islamic banking and finance in Bahrain.
Bahrain and Petronas, the Malaysian national oil corporation, would sign two oil exploration and production-sharing agreements involving two blocks in Bahrain's eastern offshore area.
The third agreement would be signed between Malaysia's Tekno Logam Sdn Bhd and its Bahraini counterpart Tekno Logam Company to establish a plant in Bahrain to produce gaskets and metal pipe connectors. The Bahrain premier would lead a 60-member delegation including four ministers. — (AFP, Kuala Lampur)
© Agence France Presse 2001
© 2001 Mena Report (www.menareport.com)
