The Ambassador of the Kingdom of Bahrain to the United States of America, Sheikh Abdullah bin Rashid Al Khalifa, stressed that the historical free trade agreement between the Kingdom of Bahrain and the United States of America, which entered into force in 2006 as the first agreement of its kind in the Arab Gulf region led to the exemption of all American goods from customs duties, and established its position as a successful model for strategic economic partnership.
Sheikh Abdullah pointed out the importance of the vital role of the strategic location of the Kingdom of Bahrain as a commercial portal for the Arab Gulf region, in doubling the volume of trade exchange between the two countries, about four times, from 780 million dollars in 2005 to about 3 billion dollars today, supported by the full customs exemption policy of American goods that contributed to achieving an American trade surplus with the Kingdom exceeding 440 million dollars in 2024, to reach the total trade surplus The cumulative since 2006 to $ 4.4 billion.
The Ambassador of the Kingdom of Bahrain to the United States of America noted the importance of the pioneering initiatives undertaken by the Kingdom of Bahrain to enhance its role as a regional commercial center such as the “American Trade Zone” designated in Khalifa Bin Salman Port, which provides an effective logistical outlet for American goods to the Bahraini and regional markets, stressing the commitment of the Kingdom of Bahrain to continue to develop this exceptional partnership between the two friendly countries, and to establish its position as an ideal platform for investments And the American trade in the region.
