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India and Bahrain : Anti-terrorism pact

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In a significant move towards augmenting bilateral ties, India and Bahrain have entered three agreements and have also decided to launch an annual security dialogue to strengthen information and intelligence sharing apart from working closely to combat terrorism. The agreements were signed during the state visit of Hamad bin Isa Al Khalifa, King of Kingdom of Bahrain to India. The agreements signed included a Memorandum of Understanding (MoU) for Cooperation in the fields of youth and sports. The MoU aims at promoting and strengthening bilateral cooperation between the two countries in the field of sports and youth through institutional exchanges particularly through exchange of youth and sports teams in various disciplines. The two nations signed a MoU on the Establishment of a ‘High Joint Commission’ for bilateral cooperation between India and Bahrain. The MoU will replace the existing Joint Committee for the Technical and Economic Cooperation (established in 1981) by “High Joint Commission”, to be chaired by the two Foreign Ministers, and will serve as an umbrella framework for all bilateral cooperation between the two countries. Another MoU was signed between the Foreign Service Institute (FSI) of the Ministry of External Affairs (MEA) and the Diplomatic Institute of the Ministry of Foreign Affairs of Bahrain. The MoU aims at promoting cooperation between the FSI and the Diplomatic Institute, including exchange of information on structure and content of training programmes, exchange of trainees, students, faculty members, experts and researchers.

Both sides to boost economic cooperation: On economic cooperation, the two sides noted with satisfaction the growth and progression of the bilateral trade ties with two-way non-oil trade reaching USD 1.268 billion in 2012-13. Both the sides recognised the potential for greater trade and commercial exchanges and agreed to take necessary steps to provide an impetus to the bilateral trade turnover. The two countries agreed to provide favourable environment for investors.