Cablegate: Commerce Minister Calls Fta a Turning Point

This record is a partial extract of the original cable. The full text of the original cable is not available.




E.O. 12958: N/A

FTA Will Expand Relations

1. The Ambassador met with Minister of Commerce Ali Bin
Saleh Al Saleh on September 15 to discuss the U.S.-Bahrain
Free Trade Agreement (FTA) and the potential for increased
cooperation between U.S. and Bahraini businesses. Al Saleh
noted that this year had been a "turning point" in the
U.S.-Bahrain bilateral relationship, particularly in economic
and commercial relations. The Ambassador pointed to the
rapid negotiation of an FTA as evidence of that good
relationship as well as the non-controversial nature of
concluding the agreement with Bahrain.

Bahrain: Gateway to the Gulf

2. The Ambassador called the FTA a model for others in the
Gulf and an important launching point for U.S. efforts to
promote open markets in the region. Al Saleh said the FTA
fit in well with Bahrain,s own policy of promoting regional
free trade and becoming the "Gateway to the Gulf." He added
that the GOB is also very aware that ensuring public security
and stability are key to realizing its economic development

Bahraini Expectations High for FTA

3. Al Saleh pointed out the high expectations of the public
as FTA implementation draws near. He acknowledged the need
to redouble GOB efforts to explain to Bahraini business how
they might benefit from the FTA and asked for close
cooperation with the U.S. The Ambassador called FTA
implementation a major focus of the USG and promised that the
U.S. Embassy would work closely with the GOB and
organizations like the newly founded American Chamber of
Commerce to highlight the FTA. He added that the FTA is a
unique opportunity to spotlight doing business with Bahrain,
but the window of opportunity to make an impact is finite.
Without real opportunities for U.S. business in Bahrain, the
impact of the FTA will remain symbolic. The USG is now
focusing its efforts on ensuring the FTA passes Congress
before the election. He suggested that the GOB work closely
with parliament to ensure ratification.

© Scoop Media

World Headlines


Myanmar: UN Condemns Escalating Violence In Deadliest Day Of Protests So Far

In response to the killing of at least 18 protesters demonstrating against Myanmar’s military coup, the UN human rights office (OHCHR) on Sunday together with the UN chief, strongly condemned the “escalating violence” and called for an immediate end to the use of force... More>>

Syria: Economic Decline, Rising Hunger And Surging Humanitarian Needs

Syria’s fragile economy has “suffered multiple shocks” over the past 18 months, with its currency plummeting and joblessness swelling as people struggle to cover their basic needs, the UN Emergency Relief Coordinator told the Security Council ... More>>

OECD: Final Quarter Of 2020 Shows Continued Recovery In G20 International Merchandise Trade

G20 international merchandise trade continued to rebound in the fourth quarter of 2020 ( exports up 7.2% and imports up 6.8%), following the sharp falls seen in the first half of 2020, as lockdown measures affected trade globally. Although growth ... More>>

Focus On: UN SDGs

UNFCCC: Greater Climate Ambition Urged As Initial NDC Synthesis Report Is Published

UN Climate Change today published the Initial NDC Synthesis Report, showing nations must redouble efforts and submit stronger, more ambitious national climate action plans in 2021 if they’re to achieve the Paris Agreement goal of limiting global temperature rise by 2°C—ideally 1.5°C—by the end of the century... More>>

2021: Critical Year To ‘reset Our Relationship With Nature’ – UN Chief

During this time of “crisis and fragility”, the UN chief told the United Nations Environment Assembly on Monday that human well-being and prosperity can be vastly improved by prioritizing nature-based solutions. Painting a picture of the turmoil ... More>>

Paris Agreement: UN Secretary-General António Guterres To Mark U.S. Reentry With Envoy For Climate John Kerry

Watch live at UN Secretary-General António Guterres will join U.S. Special Presidential Envoy for Climate John F. Kerry at an event marking the United States’ reentry into the Paris Agreement this Friday. The discussion with the Secretary-General ... More>>