Ukraine proposes a series of economic agreements to Bahrain

Ukraine has proposed a series of agreements in various economic sectors to Bahrain.

This was reported by the Ministry of Economy.

As emphasised by the department, the agreements were discussed during a meeting between Ukraine's Minister of Economy Yuliya Svyrydenko and the Minister of Foreign Affairs of the Kingdom of Bahrain, Abdullatif bin Rashid Al Zayani.

Ukraine has offered Bahrain:

• to participate in the post-war reconstruction of Ukraine;
• investment opportunities for Bahraini businessmen, particularly in large-scale privatisation;
• collaboration in developing a digital service similar to Diia and further cooperation in the IT sector.

"Abdullatif bin Rashid Al Zayani highly appreciated the prospects for developing mutual relations between the countries in the fields of digital technology, artificial intelligence and culture," the department commented.

Background. Mind reported that the Ministry of Economy, through the Western NIS Enterprise Fund, attracted $100,000 for small businesses. The funds were raised within the framework of the government programme Own Business.