The private sector plays a pivotal role in supporting development and spurring growth, said Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa.

He underscored the importance of building on achievements within the common GCC march, which would serve joint interests and benefit all member countries.

He made the comments as he met today Gulf Cooperation Council Secretary-General Jassem Mohamed Albudaiwi, Bahrain Chamber of Commerce and Industry (BCCI) Sameer Abdulla Nass and heads of the GCC chambers of commerce.

The meeting was held on the sidelines of the meetings of the Federation of GCC Chambers Council, hosted by Bahrain Chamber of Commerce and Industry in Manama.

The minister commended the GCC joint integration and coordination, which contribute to achieving aspirations and desired goals, lauding the role of the chambers of industry and commerce in representing their sectors.

He noted the crucial role of the private sector in spurring economic growth despite mounting global challenges.

He stressed the importance of expanding cooperation between the public sector and private sector, represented by the Federation of GCC Chambers, in order to turn challenges into opportunities and adopt initiatives that boost joint ties.

Source: Bahrain News Agency (BNA)