Left Menu
Development News Edition

Bahrain govt likely to ink space technology cooperation pact with India

Bahrain is also looking to forge closer economic ties with India to attract investment and tech companies.


Bahrain govt likely to ink space technology cooperation pact with India
(Image Credit: Pixabay)

The Bahrain government is likely to sign an agreement with India early next year for cooperation in space technology, a Bahraini minister has said.

In February next year, the Gulf nation, hopefully, will sign a pact with Indian space agency ISRO for training and research purposes, Kamal Bin Ahmed Mohammed, Minister for Transportation and Telecommunications, Bahrain, said.

"The national science and space agency (Bahrain) and ISRO will sign an MoU. It has been approved by the Bahrain government and is in its final stage. And hopefully, I will be in India shortly, maybe in the next air show in February to sign the MoU," the minister, who also holds the space portfolio, said.

The agreement will be mainly for training purposes and both countries will cooperate on research and technology, he added.

"It is just a starting point. The government will send some Bahrainis to be trained in India from January for eight weeks...to study how they can design and build satellites," Mohammed said.

Bahrain is also looking to forge closer economic ties with India to attract investment and tech companies.

"We are in continuous discussion with the private sector, CII and Bahrain Economic Development Board (EDB) which is the government agency to promote Bahrain and attract foreign direct investment, and India is one of the important markets for EDB. It has an office there. There will be a delegation there in December," the minister said.

He further said India is an important market and it will become one of the superpowers in terms of economy.

On investment from India, he said: "I believe Indian companies are becoming bigger, they are expanding outside of India and GCC (Gulf Cooperation Council) countries offer them the best opportunity."

"We are more focussing on technology and knowledge-based industry and services."

India is an important business partner for Bahrain, and the kingdom is keen to further strengthen the relations with the private sector in India.

Trade relationship between the two countries also prompted many Indians to set up their businesses there.

"Located at the heart of the Middle East, Bahrain is the natural gateway to the Gulf region, with strong, efficient and cost-effective pan-GCC transport links and direct access to Saudi Arabia – the region's largest market," Bahraini officials said.

(With inputs from agencies.)

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION/BLOG/INTERVIEW

WEF 2020: Trump seems politically correct in pulling out from Paris Agreement

If the survey of the World Economic Forum WEF is believed, Trump seems to enjoy the confidence of his people in flaying climate intuitions and climate activists. His preference for economic development over environmental protection not only...

From home to healthcare, here are Robotic innovations transforming lives

Lovot is equipped with more than 50 sensors such as thermography, microphone array, obstacle detection, and touch sensor to generate motion and emotions in real-time....

Translating words to deeds: Achieving gender parity in access to financial resources

... ...

SDG13: How you can reduce global warming by changing your food habits

The mega narratives of various international organizations give the impression that fighting global warming is only a job of government agencies. However, the European Investment Bank EIB has designed a questionnaire which besides making th...

Videos

Latest News

U.S. threat to kill Soleimani successor a sign of "governmental terrorism"- Iran foreign ministry spokesman

The U.S threat to kill the successor to Irans General Qassem Soleimani is a sign of Americas targeted and governmental terrorism, Irans Foreign Ministry spokesman Abbas Mousavi said on Thursday.The U.S. special representative for Iran said ...

India ranked 80th in Corruption Perception Index

India has been ranked at the 80th position among 180 countries and territories in the Corruption Perception Index CPI prepared by Transparency International. The CPI, released at the WEF 2020 here, ranks 180 countries and territories by the...

Odisha seeks Centres support for tourism growth

The Odisha government on Thursday sought the Centres support in formulating a policy for growth of tourism that will enable cross-flow of tourists among eastern Indian states. A strong plea for Centres support in working out a comprehensiv...

Give quota to western UP in JNU, Jamia to 'fix those raising anti-national slogans': Sanjeev Balyan

Union Minister of State Sanjeev Balyan triggered a controversy by suggesting 10 per cent reservation for students from western Uttar Pradesh in Delhis JNU and Jamia Milia Islamia to fix those raising anti-national slogans. He gave this stat...

Give Feedback