A senior delegation from Bahrain recently visited Shenzhen, China, to discuss opportunities to strengthen cooperation and signed eight landmark agreements with Shenzhen in the areas of technology and transportation.

The delegation was led by Capital Governor Sheikh Hisham Bin Abdulrahman Al Khalifa and organised by the Bahrain Economic Development Board (EDB). Bahrain signed eight landmark agreements with Shenzhen in the areas of technology and transportation to include:

1) A memorandum of understanding (MoU) between EDB and the artificial intelligence (AI) firm, Intellifusion Technologies to advance AI dynamic portrait recognition that can benefit China, Bahrain, and the Middle East. Additionally, the MoU aims to promote the exchange and development of AI technology by sharing experiences and information through seminars or forums as well as exploring the potential for establishing headquarters and an AI institute in the kingdom.

2) Bahrain Chamber of Commerce and Industry (BCCI) signed an MoU with the China Council for the Promotion of International Trade Shenzhen Branch (CCPITSZ) to harness and enhance collaborative initiatives to promote trade and investments between the two countries.

3) EDB and CCPITSZ signed an MoU to harness and enhance collaborative initiatives between Bahrain and Shenzhen, strengthening information exchange and cooperation in economic and business activities.

Khalid Al Rumaihi, chief executive of Bahrain EDB, said: “Shenzhen is the first city with which we stablished a friendship city agreement in China. We see our partnership with Shenzhen as a model for forging wider and deeper business ties between our two countries.”

Source Credit: Trade Arabia
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