CP RECEIVES LORD MANDELSON

CROWN PRINCE AND CHAIRMAN OF THE ECONOMIC  DEVELOPMENT BOARD  (EDB) SHAIKH SALMAN BIN HAMAD AL KHALIFA LAUDED THE ADVANCED COURSE OF  TRADE AND ECONOMIC  RELATIONS REACHED BETWEEN THE KINGDOM AND UK.

SHAIKH SALMAN WAS SPEAKING AS HE RECEIVED BRITISH SECRETARY OF STATE FOR  BUSINESS, ENTERPRISE  AND REGULATORY REFORM LORD PETER MANDELSON HERE TODAY.

SHAIKH SALMAN INDICATED THE MOTIVES AND PRIVILEGES OFFERED BY THE KINGDOM  TO INVESTORS,  BUSINESSMEN AND THE PRIVATE SECTOR.SHAIKH SALMAN ALSO DISCUSSED THE RAPID GROWTH OF THE BANKING SYSTEM IN  BAHRAIN.

SHAIKH SALMAN ASSERTED THE IMPORTANCE OF INTERNATIONAL COOPERATION FOR  THE AVOIDANCE OF THE  GLOBAL ECONOMIC CRISIS’S EFFECTS AND THE NECESSITY TO DEAL WITH THE CRISIS  WITH FURTHER  TRANSPARENCY.

THE PRIVATE SECTOR IN BAHRAIN IS DEVELOPING CONSTANTLY IN LIGHT OF THE WISE  LEADERSHIP AND THE  KINGDOM IS PROVIDING THE NECESSARY REQUIREMENTS TO GUARANTEE THE SUCCESS  OF FOREIGN  INVESTMENTS, SHAIKH SALMAN SAID.

ON HIS PART, MANDELSON HAILED BAHRAIN’S EFFORTS IN DEVELOPING THE PRIVATE  SECTOR AND EXPRESSED  ADMIRATION TOWARD THE KINGDOM’S ABILITY OF ESTABLISHING INTERNATIONAL  PROJECTS SUCH AS BAHRAIN  INTERNATIONAL CIRCUIT.

THE MEETING WAS ATTENDED BY MINISTER OF INDUSTRY AND COMMERCE DR.HASSAN  ABDULLAH FAKHRO,  EDB CHIEF EXCUTIVE SHAIKH MOHAMMED BIN ISA AL KHALIFA AND HEAD OF THE  CROWN PRINCE’S  COURT SHAIKH KHALIFA BIN DAIJ AL KHALIFA.