Monday, February 18, 2008

GCC-Europe economic forum in April

Bahrain Tribune - 16/02/2008

(MENAFN - Bahrain Tribune) A forum on new economic strategies for Central and Eastern Europe and the GCC countries, organised by the Crans Montana Forum Middle East and the GCC Chambers of Commerce and Industry Union, will open in Manama on April 8.

Euro-Chambers of Commerce and Paris Chamber of Commerce and Industry president Pierre Simon will attend the event in his first visit to the region, the Crans Montana Forum announced here yesterday.

Simon's participation is a boost to economic relations that will prompt new investment opportunities within the framework of commercial partnership between the GCC countries and Europe, Crans Montana forum deputy chairman, Osama Al Khaja said. The meeting comes in the wake of the growing economic bonds between Europe and the GCC countries in light of the Free Trade Agreement in its final phases now. He affirmed that the forum would be the first serious step towards stronger commercial ties between both sides.

The Crans Montana Forum Middle East has signed a cooperation agreement with GEOC France to support the European participation in GCC States development strategies. GEOC is the Federation of GCC Chamber Official Delegate to Eurochambres (FGCCC) and the exclusive link in liaising and facilitating communication between Eurochambres' 19 million enterprises and FGCCC's 700,000 companies.

The key sectors to be covered include energy, renewable energy, natural resources, transport, infrastructure, mining, oil and gas, housing, telecommunication, it, tourism, public health, trading, financial services and banking, manufacturing, etc., which will be discussed through plenary sessions, specialised and national sessions, round tables, national and corporate presentations.

This forum will also provide a platform to showcase and promote investment and business development in various economic sectors for potential GCC's financial institutions and high net-worth individuals to develop business opportunities.

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