General Counsel Welsh Promotes Commercial Law Development in Bahrain, Saudi Arabia

February 22, 2015 - February 25, 2015

 

U.S. Department of Commerce General Counsel Kelly Welsh met with government officials and business leaders in Bahrain and Saudi Arabia this week to strengthen ties with regional counterparts and to assess challenges U.S. businesses face in the those countries. The General Counsel’s Commercial Law Development Program (CLDP) organized the trip as part of ongoing efforts to improve the legal environment for American companies doing business in the Middle East.

The Crown Prince of Bahrain, His Royal Highness Prince Salman bin Hamad Al Khalifa welcomed General Counsel Welsh at the Riffa Palace, where they discussed the importance of strong economic ties between the United States and Bahrain. They also discussed steps taken to advance the commercial legal system in Bahrain, which will enhance the ease of doing business and attract foreign investment. His Excellency the Minister of Industry and Commerce Zayed Rashid Al Zayani commented during the meeting on the strong ties between the U.S. Department of Commerce’s CLDP and the Bahrain Ministry of Industry and Commerce.
 

General Counsel Welsh focused on entrepreneurship developments in Bahrain at a roundtable with members of the business community, and offered suggestions on how to create a legal environment that is conducive to investment and growth. Welsh and the delegation also discussed ways to advance U.S. and international investments in Bahrain with representatives of the American Chamber of Commerce.
 

In Saudi Arabia, General Counsel Welsh discussed the role of the Saudi Arabian General Investment Authority (SAGIA) in modernizing commercial law in Saudi Arabia with His Excellency Abdullatif Al-Othman, governor of SAGIA, and His Royal Highness Prince Saud Al-Faisal.
 

General Counsel Welsh also met with the senior leadership of the Saudi Arabian Monetary Agency (SAMA), including Vice Governor Mr. Abdulaziz S. Al-Furaih. SAMA officials highlighted the Saudi bankruptcy law draft being circulated for review, and they noted steps the Saudi Arabian government is taking to promote anti-corruption. The SAMA officials indicated their desire to cooperate with CLDP on insolvency laws in the Kingdom. They also discussed ways to enhance the climate for investments in the United States by Saudi Arabian entities and individuals.

General Counsel Welsh also discussed joint programming to enhance commercial law modernization in Saudi Arabia and the broader Middle East with the Deputy Minister of Commerce and Industry (MCI) for Legal Affairs, Dr. Fahad Abu Hamed. In addition, General Counsel Welsh met with the Saudi Capital Markets Authority (CMA) Chairman H.E. Mr. Mohammed Al-Jadaan, who briefed the General Counsel on the progress the CMA and MCI legal teams were making in advancing the commercial legal infrastructure in Saudi Arabia. The Saudi Basic Industries Corporation hosted the Commerce delegation to discuss its role in leading IPR programming to increase IPR awareness and capacity in Saudi Arabia and the entire Middle East region.
 

In all of these meetings and forums, General Counsel Welsh and CLDP stressed the importance of a strong commercial rule of law to economic development and the value of CLDP in those efforts. In conversations with business leaders in the country, the General Counsel discussed ways to improve the legal and business environment in Saudi Arabia for U.S. and Saudi Arabian businesses. By promoting transparent and predictable legal systems around the world, the Department of Commerce is focused on fostering a global business climate that fosters growth and innovation.
 

http://www.commerce.gov/blog/2015/03/02/general-counsel-welsh-promotes-commercial-law-development-bahrain-saudi-arabia

 

http://1.usa.gov/1M3U14f

 

https://twitter.com/CommerceGov/status/572511405175386113

 

https://www.facebook.com/Commercegov/posts/10152974079412638

 

https://www.linkedin.com/company/4835/comments?topic=5978277540869992448&type=U&scope=4835&stype=C&a=VtRX&goback=%2Ebzo_*1_*1_*1_*1_*1_*1_*1_*1_u*3s*3*5department*5of*5commerce

Upcoming Programs

July 1, 2020 - September 30, 2020

In July, August, and September 2020, CLDP, in collaboration with USTR and the University of Missouri, will provide virtual business fundamental courses to 20 Salvadoran textile representatives. CLDP has partnered with a textile and apparel expert who will conduct group sessions, as well as tailored sessions depending on the needs and businesses of the selected representatives. Lessons will cover business plan development and implementation, mentorship opportunities, local business resources, and personnel management. Furthermore, the sessions will give the Salvadoran textiles representatives the opportunity to begin developing comprehensive plans to effectively disseminate the knowledge they acquire during this program broadly across the industry with other textile professionals in El Salvador. Participants, who represent the Salvadoran private sector, key government agencies, and academia, will continue to engage their U.S. counterparts in this project for the remainder of the CLDP programming throughout 2021. This project is a part of CLDP’s and USTR’s capacity-building program to improve regional prosperity by fostering human and institutional capacity to improve the competitiveness of the Salvadoran textile industry.

July 29, 2020 - September 30, 2020

CLDP initiated a series of virtual meetings connecting Afghan representatives with Ambassador Shahzad Aroybee, Afghanistan’s Ambassador to the Czech Republic. The meetings served to discuss how CLDP can work with the Afghan Embassy in the Czech Republic to support Afghanistan’s trade and agribusiness sectors, and to facilitate implementation of memoranda of understanding (MOU) focusing on trade facilitation between the two countries, which are currently being drafted. This series of meetings also connected the Afghan and Czech private sector and business communities, ultimately outlining an actionable road map including a business forum and eventual trade show. Through these conversations, private sector representatives from both countries, along with the Ambassador, discussed the existing barriers to trade between Afghanistan and the Czech Republic, and raised proposed recommendations to incorporate into the plan as the business forum approaches.

CLDP in Action

July 30, 2020

As part of an ongoing collaboration with the Department of Commerce’s Office of Russia, Europe, and Eurasia (ORUE)CLDP participated in a video meeting with Javlon Vakhabov, the Ambassador of Uzbekistan to the United States on June 25, 2020, to discuss Uzbekistan’s Strategy for the Development of Agriculture in 2020-2030.