Bahrain committed to continuing zero-tariff policy on US goods

TDT | Manama

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The historic and multifaceted relationship between Bahrain and the US continues to thrive, with a strong emphasis on advancing mutual economic and trade interests.

His Excellency Abdulla bin Adel Fakhro, Minister of Industry and Commerce, reaffirmed the Kingdom’s dedication to deepening these ties as part of the broader strategic partnership between the two nations.

In response to a proposal concerning the imposition of reciprocal tariffs on US imports submitted by a Member of Parliament, the Minister emphasised that the Government of Bahrain is committed to continuing its zero-tariff policy on US goods, and pursuing avenues to deepen trade relations with the US building upon the landmark US-Bahrain Free Trade Agreement, implemented in 2006 as America’s first FTA in the Gulf region, continuing to strengthen what has become a model economic partnership.

Bahrain’s strategic position as the Gateway to the Gulf has enabled bilateral trade between the two nations to grow from $780 million in 2005 to nearly $3 billion today, supported by our full tariff-free access for US goods – a policy that contributed to a US trade surplus of over $440 million with the Kingdom in 2024 and an accumulated trade surplus of $4.4 billion since 2006.

Bahrain has also cemented its role as a regional hub through initiatives like the dedicated US Trade Zone at Khalifa bin Salman Port, which provides an efficient gateway for American goods to reach the Kingdom and regional markets. Fakhro affirmed that Bahrain remains dedicated to fostering a supportive environment for trade and investment, ensuring that the benefits of this strong partnership continue to flourish for both nations.