Bahrain, Korea sign investment promotion and protection deal
TDT | Manama
Email: mail@newsofbahrain.com
An Investment Promotion and Protection Agreement was signed by His Excellency Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, on behalf of the Government of Bahrain, and H.E. Dr. HeonSang Koo, Ambassador of Korea to Bahrain, during a ceremony held in Manama.
Shaikh Salman emphasised the strong relations between Bahrain and Korea, particularly in finance and economy, and underscored the importance of further expanding bilateral cooperation for the benefit of both nations.
He noted that the agreement would serve as a key driver for enhancing economic, trade, and investment ties while fostering shared interests and aspirations.
The ambassador highlighted Bahrain’s strategic position as a gateway to the Gulf Cooperation Council (GCC) markets and its attractive investment climate.
He expressed optimism that the agreement would encourage greater participation of Korean businesses in Bahrain, supporting their broader regional presence and advancing mutual economic goals.
The agreement will enhance economic and trade opportunities, and promote mutual investments.
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