Iran and Bahrain are looking to strengthen business ties.
An Iranian export products exhibition is now open at the Bahrain International Exhibition Centre (BIEC), and is expected to aid Bahrain-Iran business relations by providing local businesspeople with the chance to expand their ties with Iran. The festival will remain open until March 10.
Iranian Minister of Commerce, Shariat Madari, conveyed, "The Iranian President is trying hard to establish very close ties with Bahrain, Saudi Arabia and other Gulf States. This is the first Iranian export products' exhibition in Bahrain and the initiative would help boost the trade relations between the two brotherly nations."
The Bahrain Tribune reported that over 70 Iranian companies are participating in the exhibition, which is being held under the auspices of the Bahrain Minister of Commerce, Ali Saleh Al Saleh. The exhibition is part of the initiative taken at the government-level, as Bahrain and Iran seek to develop and strengthen business relations. The Minister added that, "The initiative will intensify the trade and business activities and help enhance trade between Iran and Bahrain." In the political arena, Bahrain's Minister of Finance, Abdullah Hassan Saif, met with Iranian Minister Madari to discuss industrial, trade, economic and technical co-operation between the two nations. In the past, relations between the two countries were severely strained as Bahrain accused Iran of fomenting domestic unrest.
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