Bahrain could be throwing away the huge advantages of its Free Trade Agreement with the US, as legal hitches, politics and bureaucracy delay its implementation. SARA HORTON reports THE upcoming Free Trade Agreement (FTA) with the US has been heralded as a breakthrough for Bahrain’s economy.
It will tear down the vast majority of trade barriers between the two countries, making all bilateral trade in consumer and industrial products duty-free and phasing out the handful of remaining taxes within 10 years.
