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“Boycott” in business proves detrimental for the economy

October 6, 2011
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HRH Prince Salman bin Hamad during BCCI visit
His Royal Highness Prince Salman bin Hamad Al-Khalifa, Crown Prince and Deputy Supreme Commander, warned against the long-term detrimental impact of boycott on the national economy.

“The so-called boycott is a result of the deplorable events, rather than their underlying cause”, he said. He was responding to a speaker’s intervention during his visit last Tuesday to Beit Al-Tejjar, the headquarters of the Bahraini Chamber of Commerce and Industry.

HRH Prince Salman cautioned against any boycott calls among the trading community which long worked together in harmony, warning that such detrimental move would fuel sectarianism.
“As far as I know, the boycott is now abating after months during which shops became empty and saw their business plummet.
This is a good sign which we encourage”, he said. He stressed the importance of joining ranks and building bridges.
He expressed his confidence in the ability of Bahrainis to build their country, boost productivity, competiveness and justice.
He said that the Kingdom of Bahrain has a real opportunity to continue the march of construction and forge ahead progress.
“We have social challenges and a legacy which we have to overcome.
We can succeed and rise up to this challenge, united under the banner of His Majesty King Hamad”, he said.

Tags: boycottCPeconomic impact
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