American Trade Zone to be set up in Bahrain
MANAMA, January 13, 2021 Bahrain s Ministry of Industry, Commerce and Tourism has signed a memorandum of understanding, establishing an American Trade Zone in the kingdom. Industry, Commerce and Tourism Minister Zayed bin Rashid Alzayani sealed the deal yesterday with US Secretary for Trade Wilbur Ross, said a Wam news agency report. “The availability of economic opportunities in our region is an ideal opportunity for American companies to invest and expand their business by establishing in the Kingdom of Bahrain, said Alzayani. He said that the deal would usher in wider horizons for strengthening the joint trade relations in accordance with the advantages of the Free Trade Agreement binding Bahrain and the USA.