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Bahrain, US sign free trade pact

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Darranar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-28-04 04:30 PM
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Bahrain, US sign free trade pact
Bahrain and the US have reached a free trade agreement that Washington believes could be a model for other Middle East countries to follow.

US Trade Representative Robert Zoellick on Thursday said the agreement with Bahrain opened up new export and investment opportunities for US industries ranging from aircraft and sports equipment to agricultural and financial services.

The Bahrain pact builds on existing US free trade agreements with Israel and Jordan and a pact with Morocco that will be signed on 11 June.

More accords

The latest agreement could prompt similar accords with other Gulf countries, including Qatar, Kuwait and eventually Saudi Arabia.

http://english.aljazeera.net/NR/exeres/570AEE9A-F801-4899-897D-BC8AEFD44CA5.htm
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