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Minister of Industry and Commerce and Bahrain Ambassador to the US visit the American Trade Zone in Salman Industrial City

25-10-2022

H.E. Mr. Zayed R. Alzayani, Minister of Industry and Commerce, affirmed the government's pride in the strategic partnership between the Kingdom of Bahrain and the US in the industrial and commercial sectors, noting the abundance of economic opportunities in the Kingdom, motivating companies to invest and expand their business in Bahrain. The US Trade Zone is one of the most prominent outcomes of the official visit of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, to the US in November 2019, which resulted in an MOU in 2021 to establish this zone to strengthen economic, trade and industrial cooperation and advance bilateral trade, according to the advantages of the FTA between Bahrain and the US, in addition to investment opportunities in the region. H.E. Ambassador SH Abdullah bin Rashid bin Abdullah Al Khalifa, Ambassador of Bahrain to the US, was briefed on the U.S. Trade Zone by H.E. Mr. Zayed R. Alzayani, Minister of Industry and Commerce, in the presence of the Head of Political and Economic Affairs at the US Embassy to the Kingdom of Bahrain, Elizabeth Hatting.

The Minister and the Ambassador also visited the location of the area in Salman Industrial City, where he noted establishing the US commercial zone infrastructure is one of the most prominent projects listed under the infrastructure investment axis within the industrial sector strategy 2022-2026.

Moreover, the Minister praised the efforts of the Embassy of Bahrain in the US in presenting investment opportunities in Bahrain to the US, which contributes to increasing the volume of trade between the two countries and achieving objectives of Bahrain's Economic Vision 2030.