r/MiddleEastNews – American Commerce Secretary Indicators MOU Establishing U.S. Commerce Zone in Kingdom of Bahrain, ‘will foster enhanced financial connectivity, commerce, and industrial cooperation and can assist enhance bilateral commerce between the 2 international locations.’

“This MoU is however one such instance of our mutual dedication and shut relationship, and the Worldwide Commerce Administration is dedicated to working with the Kingdom of Bahrain towards the conclusion of this distinctive free commerce zone.”

The Institution of a USTZ within the Kingdom of Bahrain will foster enhanced financial connectivity, commerce, and industrial cooperation and can assist enhance bilateral commerce between the 2 international locations.  America and the Kingdom of Bahrain will promote the USTZ as a regional commerce, manufacturing, logistics, and distribution hub for U.S. firms in Bahrain, markets within the Gulf Cooperation Council, and past.

The USTZ will permit U.S. companies multimodal entry to an space very best for crossdocking actions, end-to-end specialised customs options, and quick observe operation for the aim of exporting through Khalifa bin Salman Port, Bahrain Worldwide Airport, King Fahad Causeway or any future customs posts created by the Kingdom of Bahrain.

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