The flags of Israel and Bahrain flutter along a road in Netanya
The flags of Israel and Bahrain flutter along a road in Netanya
Photo: Reuters
The flags of Israel and Bahrain flutter along a road in Netanya

Israel expects $220 million in non-defense trade with Bahrain in 2021

Jerusalem anticipates growth in exports of diamonds and refined metals to Gulf kingdom, as well as potential future deals to purchase Israeli military and security technologies

Reuters |
Published: 12.02.20 , 22:35
Israel foresees $220 million in non-defense trade with Bahrain in 2021, the Economy Ministry said on Wednesday as it hosted a delegation from the Gulf state to cement newly established ties.
  • Follow Ynetnews on Facebook and Twitter

  • Bahrain and neighbor the United Arab Emirates normalized relations with Israel on Sept. 15, a U.S.-brokered pact motivated by business prospects as well as shared worries about Iran.
    The flags of Israel and Bahrain flutter along a road in Netanya The flags of Israel and Bahrain flutter along a road in Netanya
    The flags of Israel and Bahrain flutter along a road in Netanya
    (Photo: Reuters)
    Meeting Prime Minister Benjamin Netanyahu in Jerusalem, Bahrain's minister for industry, commerce and tourism, Zayed bin Rashid al-Zayani, said he saw an "immense opportunity to even develop (ties) further, not just in terms of business - in terms of culture, sport, exchange, tourism".
    The Economy Ministry trade forecast anticipated growth in Israeli exports to Bahrain of diamonds and refined metals for chemicals, and of imports of oil and aluminum from Bahrain.
    PM Netanyahu with Bahraini Minister of Industry, Commerce and Tourism Zayed bin Rashid Al-Zayani in JerusalemPM Netanyahu with Bahraini Minister of Industry, Commerce and Tourism Zayed bin Rashid Al-Zayani in Jerusalem
    PM Netanyahu with Bahraini Minister of Industry, Commerce and Tourism Zayed bin Rashid Al-Zayani in Jerusalem
    (Photo: GPO)
    A Sept. 13 memorandum by Israel's Intelligence Ministry said that Bahrain, where a Sunni Muslim minority rules a sometimes restive Shi'ite majority population, "may voice interest in (acquiring) Israeli military and security technologies".
    Manama has not commented on this. Israel does not publish country-specific defense export data.

    Talkbacks for this article 0