H.E. Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce and Rt Hon Douglas Alexander MP, Minister for Trade Policy and Economic Security, discussed bilateral investment cooperation and new opportunities to expand the existing partnership to serve mutual strategic and development visions.
The Minister of Industry and Commerce stressed that the United Kingdom is a major global investment partner, and that economic relations are witnessing steady growth towards achieving common strategic visions. He also pointed to the importance of the free trade agreement between the GCC countries and the United Kingdom, which will constitute an important and historic turning point in the well-established trade and investment relations between the two sides.
The meeting discussed a number of issues of common interest, and reviewed ways to support the development and increase the volume of bilateral investments. HE the Minister affirmed the keenness of the Kingdom of Bahrain to enhance aspects of bilateral cooperation with the United Kingdom in all fields, especially economy. He also pointed to the vital role that the private sector can play in both countries, which can contribute significantly to achieving common goals.