This week, the White House received His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Prime Minister, on an official visit that embodies the depth of the historical partnership between Manama and Washington. The visit was a strategic station that launched a qualitative economic shift, which was crowned with a huge investment package estimated at $ 17 billion, which is the largest economic package in the history of bilateral relations to establish the foundations of a new stage of joint prosperity.
At the heart of this visit, the economic aspect emerged as a locomotive that leads cooperation between the two countries. The announcement of investments came as a coronation for years of mutual trust, as the agreements cover vital sectors that stimulate the economic diversification that Bahrain is steadily pursued, the investments did not stop at the traditional borders, but rather extended to the technical solutions of the government information and communications network from the American company “Cisco”, and the establishment of a marine optical fiber cable with a length of 800 km, in the northern Arab Gulf linking the Kingdom of Bahrain and the Kingdom of Saudi Arabia And the State of Kuwait and Iraq, with global networks.
The launch of direct flights from the Kingdom of Bahrain to New York City in the United States of America and strategic cooperation between the Bahrain Holding Company and a number of American companies was announced, with a total value of $ 2 billion, with the aim of creating job opportunities in aluminum -related manufacturing industries in addition to investing $ 10.7 billion from a number of financial institutions and private sector institutions in the Kingdom of Bahrain in the United States of America.
Within the framework of strengthening this economic partnership, the signing of the “comprehensive agreement for security and prosperity” came to link security and economic development with an integrated vision, as stability is a prerequisite for attracting investments. The United Kingdom’s accession to this agreement will open broad horizons for global economic integration.
These huge investments would not have seen the light had it not been for the lofty visions of His Majesty King Hamad bin Isa Al Khalifa, the king of the country, and the hard work and the sincere efforts made by the members of the Bahrain team led by His Highness the Crown Prince, the Prime Minister, as well as the attractive environment that Bahrain made through its full record of tolerance and stability. The coexistence approach adopted by the Kingdom, and converting cultural diversity into an international communication bridge, made it a reliable economic partner.
This historical visit, despite its political and security dimensions, reduces its economic essence 17 billion dollars in investment in the future of Bahrain and America together, it is a deal that puts development in the heart of priorities, and the strategic partnership turns into a tangible model for economic cooperation based on mutual benefit, while security agreements enhance investor confidence, investments launch growth energies, to offer Bahrain to the world A lesson on how to convert small geography into boundless economic opportunities.
