H.E. Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce affirmed that the historical relations between the Kingdom of Bahrain and the United States of America are continuing to grow and prosper, noting the keenness to enhance bilateral cooperation and coordination between the two countries in various fields, especially in commerce and industry.
This came during the business luncheon organized by the American Chamber of Commerce in Bahrain, where His Excellency the Minister participated as a keynote speaker, in the presence of Qays Al Zubi, President of the American Chamber of Commerce (Amcham) in Bahrain, along with Liz Clark, Director of Middle East Affairs at the American Chamber of Commerce.
HE the Minister pointed to the importance of the private sector in both countries as a key partner in pushing joint coordination towards the best interest of both nations, stressing the mutual aspiration to enhance the benefit of these joint relations in the future in various sectors, especially commerce and industry.
For his part, H.E. Mr. Stephen Bondy, Ambassador of the United States of America to the Kingdom of Bahrain, affirmed the commitment to strengthen trade relations between the United States and Bahrain by promoting mutually beneficial cooperation paths under the Free Trade Agreement, praising the fruitful partnership between the American Chamber of Commerce in the US and the American Chamber of Commerce in Bahrain (AmCham), and their cooperation with the US Embassy in Bahrain to promote expanded trade between the private sectors in both countries, to achieve the goals of the Comprehensive Agreement for Security Integration and Prosperity in order to deepen economic cooperation and enhance trade opportunities.
Mr. Qays Al-Zu'bi, President of the American Chamber of Commerce in Bahrain, said that the Chamber is honored to play its role as a key platform that brings together business owners, government representatives and key stakeholders from the Kingdom of Bahrain and the United States of America, adding that the Chamber constantly seeks to strengthen bilateral trade relations, which contributes to achieving common economic goals, saying: "This event reflects our unwavering commitment to supporting American companies in the Kingdom, facilitating the expansion of Bahraini companies' business in global markets, and in cooperation with our valued partners, we are proud to deepen bonds of cooperation and strategic partnership between the United States of America and the Kingdom of Bahrain, and to deliver exceptional value to our members and the business community in general."
In the same regard, Liz Clark, Director of Middle East Affairs at the American Chamber of Commerce, expressed her appreciation for the strategic partnership between the United States of America and the Kingdom of Bahrain, noting the outstanding achievements made over the past few years, and stressing Bahrain's firm commitment to strengthening its relations with the United States in the fields of defense and security, trade and investment.
Clark explained that this commitment is clearly reflected by the signing of the Security Integration and Inclusive Prosperity Agreement (C-SIPA) with the United States of America, which strengthens bilateral relations between the two countries, praising the role of the American Chamber of Commerce in supporting this partnership since the implementation of the U.S.-Bahrain FTA in 2006, and noting the significant growth in trade between the two countries since then.