Industry Ministry, CASME sign MoU

Manama, Nov. 21 (BNA): The Ministry of Industry, Commerce and Tourism signed a Memorandum of Understanding (MoU) with the China Association of Small and Medium Enterprises (CASME), in cooperation with the Ministry of Foreign Affairs of the Kingdom of Bahrain and Bahrain Embassy in China. The MoU aims to facilitate cooperation between business owners through holding bilateral meeting and organizing promotional events that will facilitate to transfer technology, establish joint ventures and industrial cooperation between micro, small and medium enterprises in both countries. In addition to encourage forming trade links between micro, small and medium enterprises in both countries and provide technical support to micro, small and medium sector and exchange of experiences and information in regard to trade incubators. The Ministry of Industry, Commerce and Tourism invites all institutions and relevant authorities to benefit from the terms of this agreement in Bahrain and China.