The Bahrain-United States Free Trade AgreementFree Trade Agreement • September 21st, 2004
Contract Type FiledSeptember 21st, 2004Early stages of the Bahrain-US free trade negotiations go back to the year 1999, with the signing of the Bilateral Investment Treaty (BIT), which entered into force May 30th, 2001. It is the first such treaty signed between the United States and a member of the GCC and is aimed at stimulating the flow of private investment between the two countries. Both parties agreed that a stable framework for investment would maximize effective utilization of economic resources and improve living standards.