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The Gulf Cooperation Council–United Kingdom free trade agreement (GCCUKFTA) is a proposed free trade agreement which began negotiations in June 2022. [1] When completed it will be the first free trade agreement between the United Kingdom and the Gulf Cooperation Council, or any of its member states: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
In October 2014, Bahrain implemented a new visa policy that makes it easier for incoming travelers to get Bahraini visas. Travelers must have a passport that is valid for at least six months and a visa to enter Bahrain. [4] However, travelers from approved countries can now get their visas online or when they arrive in the country.
On 13 June 2007, a co-operation agreement was signed between Bahrain Stock Exchange and the London Stock Exchange. On 11 October 2012, a defence co-operation agreement was signed between Bahrain and the United Kingdom to promote intelligence sharing, education, scientific and technical co-operation and joint training of military forces. [71]
The UK has no free trade agreement with any of the EU Overseas Countries and Territories. Greenland and the UK have opened negotiations for a free trade agreement. [168] [169] Montenegro: 1 15 October 2007 1 May 2010 1 January 2021 Goods & Services The UK has no free trade agreement with Montenegro. [170] [109]
In many instances, it has established special bilateral trade agreements. Bahrain has been a member of The Forum of Small States (FOSS) since the group's founding in 1992. [1] Bahrain's current Minister of Foreign Affairs is Abdullatif bin Rashid Al Zayani. [2] Its previous foreign minister was Sheikh Khaled bin Ahmed Al Khalifa, a career diplomat.
The Secretary of State is responsible for securing world-class free trade agreements and reducing market access barriers, ensuring that consumers and businesses can benefit from both; encouraging economic growth and a green industrial revolution across all parts of the UK through attracting and retaining inward investment.
UK–Denmark (Faroe Islands) free trade agreement: UK Denmark (Faroe Islands) January 31, 2019 UK–Israel free trade agreement: UK Israel February 18, 2019 UK–Switzerland free trade agreement: UK Switzerland February 11, 2019 Armenia–Kazakhstan free trade agreement: Armenia Kazakhstan December 25, 2001
Overall during 2023, Bahrain's GDP grew by 2.45%, with the non-oil sector showing a robust increase of 4.48%, indicating the country's successful efforts towards economic diversification. [27] The Bahrain Economic Development Board played a crucial role in enhancing Bahrain's investment climate, actively facilitating the entry of international ...