Russia, Bahrain To Cooperate In Digitization Of Services Sector Industries & Energy Sectors

Russia will cooperate and share its cybersecurity and services digitalization with Bahrain, as well as in the oil and gas industry, according to Russian Minister Olga Lyubimova, the co-chair of the Russian-Bahraini intergovernmental commission on trade, economic, scientific, and technical cooperation.

She was speaking at the 4th meeting of the Russian-Bahraini intergovernmental commission on trade, economic, scientific, and technical cooperation with Bahraini Industry and Commerce Minister Abdulla Fakhro.

Lyubomova said that “We are focusing on cooperation in the pharmaceutical and automotive industries and raised the issue of building systematic work in the area of technologies and equipment for the fuel and energy sector. For our part, we are ready to create all conditions for sharing experience with Bahraini partners in such areas as cybersecurity and digitalization of the service sector, the oil and gas industry, and the educational environment.”

Russia’s Minister of Culture, also mentioned the mutual tourist flow between Russia and Bahrain increased 8% last year.

The Bahraini Industry and Commerce Minister, Abdulla Fakhro, noted the prospects for further active cooperation between Russia and Bahrain in various areas, including industry, tourism, sports, and culture. He said that “we need to focus our efforts on increasing bilateral trade, especially paying attention to investment opportunities in the fuel and energy sector and in the oil and gas industry.”

Bahrain is a dialogue partner state to the Shanghai Cooperation Organisation, and is also in the process of negotiating a Double Tax Treaty with Russia, in addition to a strategic customs agreement, developments that could later lead to a Bahrain-Eurasian Economic Union Free Trade Agreement.

The two countries often coordinate on issues relating to OPEC and global oil supplies, while also looking at positioning Bahrain as a Middle East grain distribution hub as an extension to the INSTC reach into the Gulf.

Current bilateral trade is small at about US$100 million but has been growing at 15% during 2025, illustrating that Russia-Bahrain trade remains a growth development market.