With free trade agreements, come political leverage. Realising this, the United States is moving fast to sign bilateral FTAs with Gulf countries - in the hope that Washington would be able to fill a vacuum because of the slowness of these Arab states in starting any regional trading mechanisms of their own.
Bahrain businessmen have identified areas to improve bilateral trade relations with the Philippines can be improved including the forging of a free trade agreement (FTA).
An agreement on the protection and promotion of investments between Bahrain and Germany is due to be signed "very soon". Germany is also pushing for a Free Trade Agreement (FTA) between the European Union and the GCC.
The economic importance of the Bahrain-US Free Trade Agreement (FTA) and its potential impact on the economy and the private sector was discussed in a meeting yesterday at the Bahrain Chamber of Commerce and Industry (BCCI).
As a Gulf Cooperation Council (GCC) citizen, it is extremely disappointing to note that the controversy surrounding Saudi Arabia’s objections to the Bahrain-US free trade agreement (FTA) is threatening the future of the GCC economic integration.
Saudi Finance Minister Dr. Ibrahim Al-Assaf said the Kingdom will be forced to take measures, including legal action, to protect its interests from being harmed by unilateral free trade agreements concluded by Gulf Cooperation Council states with other countries.
Saudi Arabia threatened yesterday to impose customs duties on foreign goods imported duty-free through Gulf Arab countries, intensifying a Saudi-Bahraini row over a trade agreement with the United States.
The US-Bahrain deal undermines the GCC (Gulf Cooperation Council) as a collective body.
TALKS are pushing ahead for individual free trade agreements with the US for all the GCC states, it was declared yesterday.
Bahrain once again defended its free trade agreement with the United States.
The Saudi-Bahraini dispute over Manama’s free trade pact with Washington that overshadowed a summit of Gulf Arab states could derail their bid for economic integration, economists said yesterday.
A free trade deal between the United States and the tiny Persian Gulf Kingdom of Bahrain is causing friction with other Arab states, which say the pact could weaken their economic bloc ahead of future trade talks with Washington.
A new website dedicated to the Free Trade Agreement (FTA) between Bahrain and the US is being created by the Bahrain Chamber of Commerce and Industry
Gulf Arab states angered by Bahrain’s decision to sign up to a free trade pact with the United States say it should back away from the deal and honour a regional agreement.
A Free Trade Agreement between Bahrain and the US was signed last month but will not come into effect until it has been ratified by the US Congress, now in recess for the presidential election.
An assessment by the US International Trade Commission of projected impacts of the US-Bahrein FTA on the US.
The signing of Bahrain-US free trade agreement (FTA) will offer numerous opportunities to the businessmen of Thailand to reach the huge US market by using Bahrain as a base in the region, the Minister of Commerce, Ali Saleh Al Saleh said yesterday, writes Mehmood Rafique.
Finance and National Economy Minister Abdulla Saif hosted a luncheon reception at the New York Palace Hotel yesterday, to celebrate the historic signing of the US-Bahrain Free Trade Agreement (USBFTA).
The Bush administration is unlikely to push for congressional approval of a U.S.-Bahrain free trade agreement this year due to lawmaker concerns.