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25.03.24 14:17

Economy

Saudi Arabia and Bahrain sign memorandums of partnership in transport sector

The countries agreed to develop cooperation in the field of organising training programmes

Saudi Arabia and Bahrain have signed two memorandums of understanding to strengthen partnerships in transport and logistics. This is reported by Arab News.

The agreements provide for increased co-operation in the transport sector. The documents pay special attention to road maintenance and road safety. The memorandums also focus on sharing experience between the countries, organising training programmes and seminars, as well as implementing joint research and development initiatives.

The documents were signed in Manama by Manama by Saudi Transport Minister Saleh bin Nasser Al-Jasser, Bahraini Transport Minister Mohamed bin Thamer Al Kaabi and Minister of Works Ebrahim Bin Hasan Al Hawaj.

Minister Al Kaabi emphasised the historically strong relations between Bahrain and Saudi Arabia and the shared interest in continuing to develop strategic cooperation.

Photo: iStock

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Liao Fan

Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences (CASS)

"We also encourage countries of the Global South to work together and contribute to the global economy. We also call on developed countries to set aside issues such as national security and strategic competition when we are discussing real global challenges – pressing issues such as public health or poverty reduction – so that development resources can be channelled truly effectively to those countries that need them. [...] Major powers and large countries must bear greater responsibility for the well-being of people around the world. This is the responsibility of the major powers"

Anutin Charnvirakul

Prime Minister of Thailand

"Russia has been a trusted friend of Thailand for over a century. […] Next year, we will mark the 130th anniversary of the establishment of diplomatic relations between our countries. We will commemorate this important milestone with high-level exchanges, thereby reaffirming our shared commitment to an even stronger partnership for the benefit of our peoples"

Ferdinand Marcos

President of the Republic of the Philippines

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Anwar Ibrahim

Prime Minister of Malaysia

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Vladimir Putin

President of the Russian Federation

"This forum, which has brought together leading representatives of the business communities of our country and the ASEAN member states in the hospitable capital of Tatarstan, Kazan, is of particular importance. This year marks the 35th anniversary of Russia–ASEAN relations. During this period, we have accumulated substantial experience in multifaceted cooperation, established strong ties, including between the Association’s Business Advisory Council and the Russia–ASEAN Business Council, and created a solid foundation for the future"

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