Implementation of Free Trade Agreement between the US and Bahrain will improve country's economy and open the area of development, Dr Hassan Fakhro, Industry and Commerce Minister stated.
This was formally announced by His Majesty King Hamad and the US President George W Bush.
This agreement will increase co-operation with friendly countries and regional partners in the developed and developing worlds, Bahrain Chamber of Commerce and Industry stated and congratulated to the officials.
Through FTA cooperation in key areas like finance, banking, communications, e-trade, insurance, government purchases and intellectual property rights will be boosted.
Partnership between Bahrain's private players and the US private sector is expected which will usher new era by improving domestic production, attract investment, boost the competence of national products in the US and global market.