Business & Finance Club Magazine - Industrial Sector - MANAMA: The General Organisation of Sea Ports (GOP) has signed a major logistics agreement with Nuremberg in Germnay for developing mutual co-operation and enhancing bilateral relations between the city and GOP. The memorandum of understanding (MoU) was signed by GOP, represented by chairman Shaikh Daij bin Salman Al Khalifa, and Nuremberg city, represented by the deputy mayor and chief executive officer of business and infrastructure of the Nuremberg Metropolitan Region Dr Roland Fleck.

With the prime objective of strengthening logistics relations and promoting bilateral exchange of information, know-how and technology between the two countries, the MoU will provide a solid framework for mutual co-operation.

As part of the agreement, both Germany and Bahrain will develop logistical relations providing marketing support for all logistics companies to gain access to the markets in Middle East and Germany as well as Europe.

Both countries will support the development of co-operation between all relevant logistics organisations, institutions, associations and administrations with regard to infrastructure, technology and science.

"The agreement is a key milestone in bolstering exchange of business between Bahrain and Germany, leading us towards establishing stronger logistics engagements with the European market," said Shaikh Daij.

"It signifies a strategic step towards promoting the kingdom's logistics and maritime credentials and strengthening the delivery of international best practices in logistics management.

"The MoU is particularly important at this crucial time for both the Nuremberg region and Bahrain.

"With the world gradually emerging from recession, the agreement comes at an opportune time, consolidating Bahrain's position as an ideal regional base and gateway from which German and international businesses will be able to access the trillion dollar, priority target markets of the Gulf."

Prior to signing the MoU, the GOP delegation showcased the kingdom's logistics and maritime credentials with logistics specialists at a business exchange meeting in Nuremberg.

During the five day visit which commenced in Berlin, the GOP delegation attended the 13th German Arab Business Forum where Shaikh Daij addressed the forum's keynote session opening, while a representative from the Bahrain Logistics Zone showcased Bahrain as a multimodal logistics centre for the European market.