His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, stressed the importance of continuing to support the paths of economic and investment cooperation between the Kingdom of Bahrain and the friendly United States of America by strengthening existing partnerships and expanding their scope, in a way that contributes to opening broader areas of growth in the vital sectors, in a way that supports the economic and investment directions Supporting economic growth and expanding the base of investment opportunities, pointing out that the progress witnessed by all sectors, including the economic, is the fruit of the lofty visions of His Majesty King Hamad bin Isa Al Khalifa, the king of the country, may God protect and preserve him, and the hard work and sincere efforts made by all members of the Bahrain team, in the spirit of determination and determination to build a more advanced and prosperous future.
This came when His Highness, may God protect him, attended today, in the presence of His Highness Sheikh Issa bin Salman bin Hamad Al Khalifa, Minister of Prime Minister, and a number of Excellencies and Excellencies, officials, and representatives of the private sector in the Kingdom of Bahrain and the private sector in the United States The American, where he was received by His Highness upon his arrival, Mr. Ross Peru Junior, Chairman and Chairman of the Executive Committee of the American Trade Chamber, where His Highness indicated that the private sector in the Kingdom of Bahrain and the United States of America is a major partner in achieving the goals of strengthening the prospects for cooperation between the two friendly countries.
His Highness also pointed out that the bilateral relations that bring together the Kingdom of Bahrain and the United States of America are based on firm foundations of more than 130 years of friendship and joint cooperation and enhances its strategic partnerships that are a model for constructive cooperation in various fields, especially in the economic and investment fields, pointing to His Highness to the importance of continuing to expand the horizons of cooperation between the two friendly countries in a way that enhances the creation of growth and expansion opportunities, through joint investment And exchange experiences and develop partnerships in various sectors, in order to achieve common goals and interests.
On behalf of His Majesty King Hamad bin Isa Al Khalifa, the king of the country, may God protect and preserve him, and His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Prime Minister, may God protect him, Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, expressed the great appreciation of the Kingdom of Bahrain for good hospitality and for the efforts made by the American Chamber of Commerce in organizing the reception ceremony for a number of Bahraini and American companies, which will be announced during the cooperation between them The official visit by His Royal Highness the Crown Prince to the Prime Minister to the United States of America, during his speech at the ceremony.
He also pointed to the investment package between the private sector in the Kingdom of Bahrain and the private sector in the United States of America, which amounts to about $ 17 billion, including agreements in the fields of aviation, technology, industry and investment, stressing that this cooperation reflects mutual trust and strong partnership between the two countries.
The Minister of Finance and National Economy emphasized that the Kingdom of Bahrain continues to consolidate its position as a leading investment destination and a strategic partner for the United States of America in the Arab Gulf region, thanks to its open economic environment and an advanced legislative system and firm commercial agreements, including the free trade agreement, represents a starting platform for American companies towards the region’s markets, calling on the American business community to benefit from these qualitative opportunities and build partnerships Sustainable with the Kingdom of Bahrain.
This, His Royal Highness the Crown Prince and Prime Minister and Chairman of the Board of Directors, Chairman of the Executive Committee of the American Chamber of Commerce, witnessed a set of advertisements and ceremonies to sign agreements between the private sector in the Kingdom of Bahrain and the private sector in the friendly United States of America, with a total value of about 17 billion US dollars, as follows:
1- Technical solutions to the government information and communications network from the American company “Cisco”, signed by the Bahraini side by Sheikh Abdullah bin Rashid Al Khalifa, Ambassador of the Kingdom of Bahrain to the United States of America, while it was signed by the American side, Mr. Nicole Izak, Vice President of Global Public Policy at Cisco.
2- The establishment of a marine optical fiber cable with a length of 800 km, in the northern Arabian Gulf linking the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the State of Kuwait and Iraq, with international networks, signed by the Bahraini side by Sheikh Abdullah bin Khalifa Al Khalifa, CEO of Bahrain Holding Holding Company, while signed by the American side, Mr. David Coglan, CEO of SABICOM.
Also announced:
1- Launching direct flights from the Kingdom of Bahrain to New York City, USA.
2- Strategic cooperation between the Bahrain Holding Company and a number of American companies, with a total value of $ 2 billion, with the aim of creating job opportunities in the aluminum-related manufacturing industries.
3- Investing 10.7 billion US dollars from a number of financial institutions and private sector institutions in the Kingdom of Bahrain in the United States of America.
