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Article: Trade deal step closer.
- Article from:
- Gulf Daily News (Manama, Bahrain)
- Article date:
- November 4, 2009
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BAHRAIN has moved a step closer to signing a Free Trade Agreement (FTA) with Singapore.
MPs urgently approved the plan during the yesterday's weekly parliament session.
The FTA now only has to be approved by the Shura Council and ratified by His Majesty King Hamad.
Parliament chairman Khalifa Al Dhahrani said the FTA would present both countries with mutually beneficial opportunities in all fields.
He said it would ensure an open market for Bahrain and Singapore, who already have long-standing, strong diplomatic, economic and trade relations.
"This agreement will certainly help facilitate and promote an even greater flow of ...