Tomorrow, Friday, March 21, 2025, an agreement to encourage and protect investment between the government of the Kingdom of Bahrain and the government of the Hong Kong Region Special Administrative Region is part of access.
This agreement comes within the framework of the close relations between the Kingdom of Bahrain and Hong Kong, and the development and prosperity it witnesses in various fields, especially with regard to the financial, economic and investment fields, and in a way that contributes to creating renewed and sustainable horizons for cooperation and joint work between the two sides, in addition to the eagerness and mutual desire to develop and push them towards more investment opportunities Promising that belongs to good and growing for everyone.
On this occasion, Eng. Nawaf Hashem Al -Sada, Assistant Undersecretary for International Cooperation at the Ministry of Finance and National Economy, stressed that the Kingdom of Bahrain attaches great importance to opening the prospects for cooperation with all countries of the world, with the aim of attracting more direct foreign investments and encouraging joint investments and providing new qualitative opportunities for citizens, explaining that the ministry plays its active role in signing multiple agreements to encourage and protect investment, which amounted to about 40 agreements, which It provides the necessary guarantees to protect investments and the freedom to transfer capital, profits, and other returns in a free currency that can be transferred to investors from the two contracting countries.
The Assistant Undersecretary for International Cooperation also indicated that the agreements include ensuring fair and immediate compensation for investors in the event of confiscating their investments to the public interest, within the framework of the legal procedures stipulated, in addition to defining the mechanisms of settlement settlement that may arise between a state and an investor from the other country, or those that may arise between the two contracting countries, which enhances confidence and ensures the achievement of a safe and stable investment environment.
To view the agreements concluded by the Kingdom of Bahrain, please visit the website of the Ministry of Finance and National Economy via the link www.mofne.gov.bh.
