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Industry Minister heads Bahrain’s delegation in Bahrain-US FTA Joint Committee meeting

Washington, Abdulla bin Adel Fakhro, Minister of Industry and Commerce, headed Bahrain’s delegation in the meeting of the Bahrain-US Joint Committee for the Free Trade Agreement between the Kingdom and the United States.

The US side was represented by Bryant Trick, Assistant United States Trade Representative for Europe and the Middle East.

During the meeting, the minister commended the historical Bahrain-US relations and underscored the importance of the comprehensive joint agreement for security integration and prosperity, which was signed last September in the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, and His Highness Lieutenant General Shaikh Nasser bin Hamad Al Khalifa, National Security Advisor and Commander of the Royal Guard, and Antony J. Blinken, the US Secretary of State.

He underscored that the comprehensive agreement embodies the strength of the strategic partnership between the two countries and the commitment to enhance joint coo
peration in various fields, including emerging technology, trade and investment.

The minister said that the comprehensive agreement builds on the broad prospects for investment and economic cooperation of the US-Bahrain FTA, which was signed twenty years ago, and still represents the cornerstone for encouraging investments and bilateral trade and creating an appropriate climate for economic cooperation and new spaces for the trade, business, and investment sectors.

Fakhro emphasised Bahrain’s keenness to continue building a sustainable economy on the basis of transparency, sustainability and competitiveness, and to push the role of the private sector in optimising various investment opportunities and mutual experiences to open new markets and stimulate qualitative investments in various sectors.

Source: Bahrain News Agency