Press Releases

On August 8 (same day local time), the Exchange of Diplomatic Notes concerning the entry into force of the “Agreement between Japan and the Kingdom of Bahrain for the Reciprocal Promotion and Protection of Investment” (Japan- Bahrain Investment Agreement) (signed on June 23, 2022) took place in Manama, the Kingdom of Bahrain. Accordingly, this Agreement will enter into force on September 6, 2023.

The Agreement provides comprehensive and detailed rules regarding promotion and protection of investment between Japan and Bahrain. Japan and Bahrain have enjoyed a good relationship for many years and have a wide range of cooperative relations, including in the economic field. While there have already been Japanese companies operating in Bahrain, mainly in the manufacturing, financial, and trading industries, thanks to the support of the simplified business approval procedures, preferential tax policies of Bahrain, it is expected that the entry into force of this Agreement will contribute to promotion of the bilateral investments as well as to further development of economic relations between the two countries.