“Trade exchanges are expected to continue growing to reach $70 million, boosted by Bahrain’s exports of aluminum and petrochemicals”, said Russian Ambassador Vagif Garaev.
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He stressed steadily-growing economic and trade cooperation between Manama and Moscow, hailing deep-rooted historic ties binding Bahrain and Russia.
He expressed the hope that Bahrain’s exports to Russia expand steadily to include more industries and local products, other than aluminum and petrochemicals and oil byproducts.
He said that 5 to 6 Russian companies have the desire to enter Bahrain’s market in several economic sectors. He underlined the possibility of attracting more Russian firms to Bahrain to choose the Kingdom as a gateway to the Gulf Cooperation Council (GCC) states and the Middle East.
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