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Bahrain’s EDB seals key US trade deal

Manama, October 6, 2011

On the second day of a business tour to the US, a Bahraini delegation, led by the Economic Development Board (EDB), signed a memorandum of understanding (MoU) with the Long Beach city in California to increase bilateral trade exchange.

It aims to establish joint industrial projects and set up partnerships in the logistics, consultancy, technical and food sectors.

The MoU was signed by EDB chief executive Shaikh Mohammed bin Essa Al Khalifa and Long Beach mayor Bob Foster.

The Long Beach Chamber of Commerce, in association with the Long Beach Port Authority, hosted a discussion in which Shaikh Mohammed and Bahrain's Ambassador Huda Nonoo took part.

The programme on the second day also included multiple one-on-one meetings between members of the Bahraini delegation and key corporations in the industrial and services sectors in Long Beach.

Long Beach was the second stage in the visit which was preceded with a visit to Los Angeles.

The delegation will also visit Minneapolis-St Paul.

The objective of the road show, which started on October 3, is to attract industrial and commercial investments to the kingdom from a number of US cities, with the ultimate target of creating more rewarding jobs for Bahrainis. – TradeArabia News Service




Tags: Bahrain | US | EDB | Economic Development Board | Road show |

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