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FTA reviewed.

MANAMA Manama
 Arabic Al-Manamah

City (pop., 2001: 143,035), capital of Bahrain. Situated at the northeastern tip of Bahrain island, it is Bahrain's largest city, with about one-fifth of the emirate's population.
: Bahrain's Free Trade Agreement (FTA FTA
abbr.
Future Teachers of America
) with the US was reviewed at a key meeting yesterday.

Industry and Commerce Minister Dr Hassan Hassan (häsän`), d. 1894, sultan of Morocco (1873–94). He brought the weak and disorganized country firmly under his control and held in check attempts by European powers at domination.  Fakhro Fakhro or Al Fakhro (فخرو in Arabic} is the family name of an Arab business family located in Bahrain, Qatar, and Saudi Arabia. The Al Darwish الدرويش , Al Obaidan  chaired the first annual audit meeting of the agreement.

Dr Fakhro said Bahrain Bahrain or Bahrein (both: bärān`, bə–), officially Kingdom of Bahrain, constitutional monarchy and archipelago (2005 est. pop. 688,300), 266 sq mi (689 sq km), in the Persian Gulf.  valued the agreement and considered it a modern mechanism not only to facilitate and promote trade between the two countries, but also to develop economic, investment and technology relations. The minister also reviewed key economic developments.

At the national level, steps were taken to develop institutional structure for implementing and follow up of bilateral bilateral /bi·lat·er·al/ (-lat´er-al) having two sides, or pertaining to both sides.

bi·lat·er·al
adj.
1. Having or formed of two sides; two-sided.

2.
 negotiations and review Bahrain's trade policy.

A meeting date has been set for the first annual review of the FTA to be held in the kingdom on February 13.

In terms of business and investments between the countries, the Gulf-US forum which was held last month resulted in a positive outcome for both countries.

Preparations are also under way to set a date for a Bahrain economic and financial delegation from the private sector to visit the US in April to further boost ties.

Talks are also under way for holding the second meeting of Arab ministers, who signed the FTA with the US either in Bahrain or the US soon for further update of the first meeting, which was held in London in 2006.

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Publication:Gulf Daily News (Manama, Bahrain)
Date:May 1, 2008
Words:229
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