Bahrain is one of the most important economic partners and bases for UK companies in the Gulf and the two nations have always had a very strong bilateral commercial relationship.<\/p>\n
It can be notoriously difficult to do business in certain areas of the Middle East but Bahrain is relatively relaxed, having the freest economy in the area and the most liberalised in the Gulf Cooperation Council (GCC<\/a>).\u00a0Bahrain is one of the UK\u2019s largest export markets in the GCC and the\u00a0<\/abbr>UK exported \u00a3295.5 million in goods to Bahrain in 2014, up\u00a09% on 2013.\u00a0The total value of bilateral trade in 2014 was also up from 2013, it rose by 2% to \u00a3451.4 million.<\/p>\n Around 100 UK companies have set up base in Bahrain as the country is a major trading hub and financial centre in the region, with one of the most open economies and a liberal tax regime.<\/p>\n <\/p>\n Bahrain\u2019s Gross Domestic Product (GDP<\/abbr>) grew by 4.8% in 2013 and is then by a further\u00a03.7% in 2014, and strengths of the market include:<\/p>\n And the benefits for British companies doing business in Bahrain include:<\/p>\n On the downside, there are certain challenges faced by UK businesses exporting to Bahrain, notably:<\/p>\n The top 5 UK exports to Bahrain in 2014 were:<\/p>\n And don\u2019t forget, if you\u2019re going to do business in Bahrain,\u00a0you\u2019ll need a reliable and cost effective conference call<\/a> provider \u2013 here\u2019s how to set up a conference call between the UK and Bahrain<\/a>.<\/p>\nThe pros and cons of exporting to Bahrain<\/h2>\n
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