Heba Mohsen
Enhancing food security through strategic partnerships and sustainable agreements
Developing economic blocs by diversifying the economy and enabling companies such as “Alba”
Take advantage of the experiences of emerging economies such as Rwanda, Vietnam and Uruguay
Yesterday, the Bahrain Chamber of Commerce and Industry reviewed the outputs and recommendations of the Bab Bahrain Forum 2025, which it hosted on April 29, under the slogan “Forming a sustainable future for trade and employment”, with the participation of international leaders, policy makers and economic experts from different countries, and the outputs include two main platforms, namely: the impact of global blocs changing stability and growth “4 axes”, and the role of private sector organizations in growth Economic and support for Gulf governments include “two axes”.
This came during a press conference in the presence of the editors of local newspapers, where the main recommendations included global transformations, economic flexibility, Gulf economic integration, digital and green transformation, global trade and supply chains, private sector empowerment, emerging market strategies, emerging market strategies, innovation and intellectual property policies, sustainable growth, environmental standards, society, governance, challenges, challenges Future. The first platform: the effect of changing global blocs on stability and growth.
It includes 4 axes, which are:
Evolution of economic blocs:
1.
2. Achieving a balance between regional stability, global growth and balance: focusing on diversifying the economy to enhance competitiveness and reduce the impact of commercial wars, while supporting the development of infrastructure and enhancing global aluminum export by empowering national and regional companies, such as Alba, to ensure a strong position in international markets.
3. Promote comprehensive globalization from the point of view of the World Trade Organization, the International Labor Organization, and the International Chamber of Commerce: strengthening fair trade practices, as well as introducing targeted labor policies aimed at integrating marginalized workers into global supply chains, which contributes to achieving a more equitable and sustainable economic environment.
Emerging economies in light of global turmoil:
1. Emerging economies in a turbulent world: the participation of Gulf success stories, and the benefit of their experiences in entrepreneurship and humanitarian and social fields to support the efforts to respond to crises, documenting these experiences and exchange them as repeated models for emerging markets, inspired by the experiences of countries such as Rwanda, which has become a center of technology and logistics through strategic government partnerships, Vietnam, which succeeded in attracting Foreign investments through an integrated manufacturing environment and effective commercial agreements, and Uruguay, which strengthened its position in sustainable development through its commitment to renewed energy, which attracted it international recognition and strategic investments.
2. Solving strategies for geopolitical and economic turmoil: enhancing food security through strategic partnerships and sustainable agreements, while avoiding economic confrontations and focusing on multilateral dialogue to resolve differences, accelerate the frequency of free trade agreements by signing new agreements and resuming suspended negotiations, while pursuing the impact of commercial changes on markets and local industries and preparing for major economic transformations.
To ensure global economic stability, it is emphasized to avoid the economic escalation with China, with the adoption of a realistic commercial agenda that addresses challenges and invests available opportunities, as well as activating Gulf economic integration through the joint Gulf market.
3. The impact of digital and green technologies on promoting flexibility: adopting a unified Gulf economic strategy that supports multilateral programs, investing in digital infrastructure and green technologies, benefiting from international financing mechanisms and transforming technology to enhance sustainability and economic growth.
Globalization and supply network transformations:
1. Evaluation of long -term effects for restructuring supply chains: developing logistical centers and diversifying trade methods through digital technologies such as blockchain and predictive analyzes to ensure efficiency, flexibility and transparency, and motivating developing countries to diversify their investments and strategic partnerships with China and the United States according to their national priorities, while the Gulf states seek to enhance their partnership with India in energy, trade and chains Supply, which contributes to achieving a new economic balance in the world order.
2. Strategies for “geographical proximity to production” and “industrial alliance” on global trade; And its role in reducing migration from south to north: strengthening the projects of logistical regions, which makes the Gulf region a regional center for international companies, and to benefit from industrial alliances to integrate into high -value sectors, such as semiconductors, medicines, and renewable energy, which enhances their position in the global economy.
3. Building partnerships between advanced economies and emerging markets: alignment of environmental standards, society and ESG as a basic pillar, where investments in green technology and innovation centers are determined as major factors to advance joint prosperity and enhance economic sustainability.
Technological innovation and jumps:
1. Optimizing barriers in front of innovation in emerging markets: establishing innovation and incubators to support startups and entrepreneurs, and enhance PPPS partnerships to finance and develop local innovation systems, while ensuring a larger comprehensive guarantee that allows small, medium and emerging companies to benefit from technical developments.
2. How can emerging economies gain a technological advantage in the main sectors: by stimulating emerging economies and enabling them to move from the stage of consumption and import to support local production by employing independent technologies and artificial intelligence tools, which enhances their ability to innovate and sustainable growth.
3. Frameworks for the policies supporting research, development and intellectual property rights: by providing tax incentives and granting to support private sector investments in research and development, while enhancing intellectual property laws to protect innovators and attract foreign investment, and encourage cross -border cooperation through regional alliances and international agreements, as well as ensuring stable and capable environments for future forensic to enhance the ability to predict and attract investments.
The second platform: the role of private sector organizations in economic growth and support for Gulf governments
It includes two axes, namely:
The role of the private sector in economic development:
1. The reciprocal relationship between private initiatives and government policies: the establishment of joint work teams between the public and private sectors to address the challenges in infrastructure, health care, education, the development of joint financing programs for technology adoption and the training of the workforce to support the sustainability of future industries, and to develop a clear legislative vision that enhances the confidence of local and foreign investors, while reconsidering the distribution of roles between governments and the private sector, and coordination with the General Secretariat of the Council Gulf cooperation to unify commercial policies, update legislation and policies supporting the private sector.
2. Coordination between multilateral institutions such as the International Chamber of Commerce and the World Trade Organization, to ensure an economic environment based on equal opportunities and the flexibility of interaction with global developments.
3. Successful partnerships between the public and private sectors: adopting a proactive governmental approach in risk sharing with the private sector, and enhancing direct dialogue between governments and representatives of the private sector to develop policies that support the business environment, and ensure the effective representation of business owners in economic decision -making, in addition to increasing dependence on automation using technology in providing services.
Cooperation paths for growth:
1. Defining the common goals between advanced and emerging markets: focusing on bridging the gap between education outcomes and the needs of the labor market through strategic cooperation that includes the Gulf governments and the private sector to ensure the alignment of the required skills with economic developments.
In the context of digital transformations and artificial intelligence, the rapid adaptation requires the preparation of legislation and policies that support the investment of technological opportunities, and to accelerate the adoption and protection of innovations, in a way that contributes to promoting productivity and achieving sustainable social development.
2. Building fair commercial and economic policies to achieve joint benefit: to ensure the strengthening of the Gulf economic presence globally, you must benefit from integrated infrastructure and unified policies to enhance stability and flexibility, while accelerating the pace of economic integration by expanding the opportunities for trade and investment between the GCC countries, which enables the Gulf bloc to enter new markets within the framework of comprehensive economic and commercial policies that achieve benefit Mutual.
3. Future Challenges – Preparing for Climate Change and Sustainability Objectives: To ensure a stimulating and sustainable business environment, economic programs must be restructured by providing an integrated infrastructure and legislative that supports the growth of the private sector and enhances the sustainability of its contribution to the gross domestic product.
This also requires the establishment of a global sustainability alliance aimed at unifying investments in renewable energy and enhancing the resistance infrastructure of climate change, in order to enhance the economy’s ability to keep pace with global transformations.
