Commercial Officers from the US Embassy will promote bilateral trade between Bahrain and the United States at Gulf Industry Fair 2016, the showcase for industrialization in the GCC, taking place next week in the kingdom.
The event, held under the patronage of HRH Prince Khalifa bin Salman Al Khalifa, Prime Minister of Bahrain, takes place from February 9 to 11 at the Bahrain International Exhibition and Convention Centre.
Gulf Industry Fair 2016 is strategically sponsored by Bahrain Petroleum Company (Bapco) (with the support of NOGA) and Aluminium Bahrain (Alba).
“The Gulf Industry Fair, which was designed to promote commercial opportunities in the GCC, offers an excellent venue for US companies to learn about doing business in the Gulf,” said Christiaan De Luigi, Economic and Commercial Officer at the US Embassy in Bahrain.
“Through our presence at Gulf Industry Fair, we hope to help orient US companies interested in investing in the region.”
Bahrain was the first member of the GCC to sign a Free Trade Agreement (FTA) with the United States. The FTA, which entered into force ten years ago in 2006, guarantees tariff free access for most products traded between the two countries. In 2014, Bahrain and the US‘s bilateral trade was valued at over $2 billion, a 22 per cent increase over 2013.
“The US embassy’s Commercial Section plays a valuable role in promoting Bahrain’s industrial credentials to US companies,” said Jubran Abdulrahman, managing director of HCE, the event organizers.
“The Commercial Section will be part of a US contingent at Gulf Industry Fair that includes Grip Machineries debut of A W Chesteron USA, amongst a host of many USA industrial brands,” he added.
The Commercial Section at the US Embassy in Bahrain is dedicated to strengthening trade and commercial ties between Bahrain and the United States. It is part of the US Department of State and represents the US Department of Commerce’s Foreign Commercial Service in Bahrain. – TradeArabia News Service