Oman Online News

Industry Minister: Supporting new opportunities, economic investment in sectors of priority

Minister of Industry and Commerce, Abdulla bin Adel Fakhro, affirmed the continuous development and growth of historical relations between Bahrain and the USA.

This came as he participated as a keynote speaker in the business luncheon organised by the American Chamber of Commerce (Amcham) in Bahrain at the Diplomat Hotel, in the presence of Amcham president, Quay H. Zu’bi, and a number of officials and stakeholders. A number of upcoming projects between the two countries were reviewed.

The Minister of Industry and Commerce also pointed to the government’s programme (2023-2026) “From Recovery to Sustainable Growth”, reviewing the efforts and initiatives of the Ministry of Industry and Commerce to support new opportunities and economic investments in priority sectors and industries and ways to enhance economic and trade cooperation mechanisms to achieve the goals of comprehensive development and the Economic Vision 2030.

The minister also referred to the most important developments of the Free Trade Agreement (FTA) after 18 years of its launch. He also highlighted the most prominent developments in current bilateral trade, services and investments, besides other topics of common interest.

Source: Bahrain News Agency