Samaher Saif Al Yazal
Relations between the Bahrain Chamber of Commerce and Industry and the American Chamber of Commerce in Bahrain are strong and continuous relations, as they work together to enhance trade and investment between the two countries, and Bahrain and the United States of America are linked to the free trade agreement that provides for the removal of all customs and non -customs barriers to trade since 2006, which reduces the burden of export cost, and increases the competitiveness of Bahrain products in the American markets, and Bahrain is the first Gulf country, and the third Arab country A free trade agreement with the United States, at the time of the trade exchange between Bahrain and America, has grown 4 times growth to $ 3 billion in 2024.
The Bahrain Chamber of Commerce and Industry emphasizes the depth of solid historical relations and the distinguished strategic partnership that exists between the Kingdom of Bahrain and the friendly United States of America, in light of the keenness and concern of these relations from these relations from His Majesty King Hamad bin Isa Al Khalifa, the king of the country, and continuous follow -up by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, to continue to work to develop and push them towards more comprehensive levels In various fields, in the interest of goodness and growth for the benefit of the two friendly countries and peoples.
Trade exchange growth
The agreement led to a doubling of the volume of trade exchange between the two countries to about four times, from 780 million dollars in 2006 to about 3 billion dollars by the end of last year 2024, due to the full customs exemption of American goods that contributed to achieving an American trade surplus with the Kingdom exceeding 440 million dollars in 2024, bringing the total cumulative trade surplus since 2006 to about $ 4.4 billion.
The two rooms also facilitate the entry of Bahraini companies to the American market, and to provide the necessary support for them, in addition to attracting American investments to Bahrain, enhancing the paths of cooperation in all developmental areas to open spacious horizons through effective coordination through the free trade agreement between the two friendly countries, and the inauguration of the American Trade Zone in the Kingdom of Bahrain, supporting economic growth according to common aspirations.
There are many promising sectors of cooperation between Bahrain and the United States, such as financial services, technology, renewable energy, health care, and education, and by focusing on these main areas, Bahrain and the United States can benefit from their unique capabilities to enhance trade exchange and increase the volume of investments in each of the two countries.
Cooperation goals
Cooperation between the Bahrain Chamber of Commerce and the American Chamber of Commerce in Bahrain aims to enhance economic and trade relations between the two countries, expand the prospects for private sector cooperation in both countries, as cooperation aims to unify efforts and achieve trade exchange with the United States, deepen economic cooperation and enhance trade opportunities, as this cooperation represents a strategic step towards strengthening economic ties between Bahrain and the United States, and providing a favorable environment for the growth of the private sector in both countries.
The goals are summarized in the following: • Enhancing trade and investment exchange: Cooperation seeks to facilitate and increase the volume of trade exchange between Bahraini and American companies, in addition to attracting more American investments to Bahrain. Both countries, whether organizational or legal, to facilitate the practice of business. Both countries by enhancing trade and investment cooperation. The growth of the private sector and enhances competitiveness.
The relations between the Bahrain Chamber of Commerce and Industry and the American Chamber of Commerce in Bahrain are a positive and supportive relationship for economic and commercial development between the two countries, as it contributes to enhancing economic growth in both countries through increasing trade and investment, and increasing investments contributes to creating new job opportunities in both countries, in addition to developing skills and capabilities among entrepreneurs, and strong relations between the two rooms contribute to enhancing diplomatic relations between the two countries.
American Chamber of Commerce in Bahrain
The American Chamber of Commerce in Bahrain is cooperating with various parties to enhance trade and investment relations between the two countries, and the most prominent examples of this cooperation are to organize joint activities such as “Week discovered America” that brings together Bahraini and American businessmen, and highlights investment opportunities. The Chamber also cooperates with government agencies to provide support to American investors in Bahrain, as happened with West Point Home, which received support from the work fund (empowerment) to expand Its operations in Bahrain.
In addition, the Chamber cooperates with international bodies such as the International Chamber of Commerce in organizing economic activities and developing mediation and commercial legislation. The Chamber also provides services to its members, such as certification of bills and certificates of origin, electronic services, and the guide for commercial chambers, and customer service. The Chamber organizes joint economic activities with different parties, such as workshops, conferences, and exhibitions, to facilitate communication between Bahraini and American companies and enhance cooperation opportunities.
The Chamber provides support to American investors in Bahrain by providing information about the work environment, facilitating procedures, and providing consultations.
In addition to that the Chamber is cooperating with the concerned authorities to develop commercial legislation and facilitate the movement of trade and investment between the two countries, and the Chamber provides consulting services to Bahraini and American companies in various fields, such as marketing, law, and finance.
The Chamber also supports entrepreneurs in both countries by providing training, guidance and resources, and the Chamber cooperates with specialized bodies in certain sectors such as technology, renewable energy, and health care, to enhance cooperation in these areas.
