Fakhro, Monroe to lead Kingdom at MEFTA meet
26 March 2007
The US Ambassador William T Monroe and the Minister of Industry and Commerce Dr Hassan Abdulla Fakhro will lead the Bahraini team at the Middle East Free Trade Area (MEFTA) Trade and Investment Conference in London on March 29.
Organised by the US, in conjunction with Bahrain, Jordan, Morocco and Oman, the event will be also attended by the Economic Development Board (EDB) Deputy CEO Dr. Zakaria Hejris, senior officials from the Ministry of Commerce and Industry, Central Bank of Bahrain, and EDB, and prominent business representatives, including American Chamber of Commerce in Bahrain President Khalid Al-Zayani.
The purpose of the conference is to strengthen commercial links between the United States and Arab free trade agreement (FTA) partners, identify trade and investment opportunities in each of the participating countries, and highlight the benefits of free trade agreements.
Ambassador Monroe said: "The meet will offer an opportunity for those countries that have signed FTAs both to highlight the benefits of free trade and to develop new trade and investment opportunities. Coming shortly after the trade mission to Chicago and Houston organised by the American Chamber of Commerce in Bahrain, and led by the Crown Prince Shaikh Salman bin Hamad Al-Khalifa, Minister Dr. Hassan Abdulla Fakhro, and EDB CEO Shaikh Mohammed bin Issa Al-Khalifa, the London conference demonstrates the determination of the US and Bahrain to maximize the benefits of the FTA."