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Industry and Commerce Minister Participates in US-Arab Chamber of Commerce (NUSACC) Roundtable

24-06-2024

As part of his official visit to the United States, H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, participated in roundtable discussions organized by the US-Arab Chamber of Commerce. In the presence of Mr. David Hammoud, President and CEO of the National US-Arab Chamber of Commerce, and Sameer Abdulla Nass, chairman of the Bahrain Chamber of Commerce and Industry (BCCI), and a number of officials and businessmen from both sides.

The discussions highlighted ways to enhance economic cooperation between the two countries by strengthening trade and investment ties and encouraging exchange of expertise and knowledge in various fields. As well as the importance of strengthening and activating the role of the private sector in developing these relations and creating strategic partnerships between companies and institutions in both countries.

The discussions also reviewed promising investment opportunities presented by the Kingdom of Bahrain in various sectors, including industry, technology, tourism and logistics, noting the advantages and facilities provided by the Kingdom of Bahrain to attract investors to establish and expand their businesses there. The discussions also stressed the importance of the free trade agreement in enhancing trade exchange and facilitate investments flow.

Mr. David Hammoud praised Bahrain’s remarkable progress in developing the business environment, and its adoption of open economic policies that attract qualitative investment in major economic projects. Stressing the importance of continuing joint work between the US-Arab Chamber of Commerce and the Ministry of Industry and Commerce to enhance cooperation between the business communities in both countries, and to leverage existing investment and economic opportunities.