VZCZCXYZ0000
PP RUEHWEB

DE RUEHMK #0711 3491108
ZNR UUUUU ZZH
P 151108Z DEC 09
FM AMEMBASSY MANAMA
TO RUEHC/SECSTATE WASHDC PRIORITY 9105
INFO RUCPDOC/USDOC WASHDC

UNCLAS MANAMA 000711 
 
SIPDIS 
STATE FOR NEA AND EEB 
 
E.O. 12958: N/A 
TAGS: ECON ECIN ELAB BA
SUBJECT: BAHRAIN PURSUES MOU WITH SBA TO PROVIDE SME ASSISTANCE 
 
¶1. Summary: A U.S. Small Business Administration (SBA) 
representative met with the Ministry of Industry and Commerce (MOIC) 
and Bahrain's Tamkeen labor fund to determine interest for SBA 
programming in Bahrain.  During the visit, SBA and MOIC discussed 
recommended changes to a draft Memorandum of Understanding (MoU) 
regarding SBA assistance, and proposed a January 2010 timeline to 
finalize the agreement.  End Summary. 
 
¶2. SBA held preliminary meetings with MOIC officials in September on 
the margins of the Vital Voices Global Partnership Corporate 
Ambassadors Program.  During that visit, an SBA delegation met with 
Kareem Al Rashid, Acting Assistant Undersecretary for Industrial 
Development at the MOIC, who expressed a desire to partner with SBA. 
 As a result of that meeting, SBA drafted an MoU outlining details 
of the collaborative partnership, including each party's 
responsibilities and the program's focus areas. 
 
¶3. On December 9, SBA contractor Charles Williams met with Kareem Al 
Rashid and Rajiv Patnagar, Advisor to the Minister, to discuss MOIC 
comments and proposed changes to the draft MoU.  Williams 
communicated suggested edits to SBA representatives in Washington on 
December 10.  Al Rashid expected the MoU to be approved and ready 
for signing after the quarterly Small and Medium-Sized Enterprise 
(SME) committee meeting in January.  (The committee meeting will 
allow for the various SME development agencies in Bahrain to review 
and comment on the draft MoU.)  Williams invited MOIC officials to 
the U.S. Presidential Entrepreneurship Summit that will take place 
in Washington D.C. March 1-2, 2010.  He added that a formal signing 
ceremony could take place on the margins of that event, if the MoU 
were ready in time. 
 
¶4. Williams met Tamkeen officials on December 10.  Abdulellah 
Al-Qassimi, Chief Executive, and Dr. Ahmed Al-Shaikh, Vice President 
of Enterprise and Human Capital Development, requested that SBA 
facilitate the visit of a Tamkeen delegation to its headquarters in 
Washington D.C. in late January, 2010.  Al-Qassimi said he would 
like his senior staff to learn first-hand about SBA operations and 
identify program opportunities to exploit SBA's technical expertise. 
 Mohammed Bucheery, Senior Manager of Private Sector Support at 
Tamkeen, expressed particular interest in collaborating with SBA to 
develop SME export capacity and access to capital.  Al-Qassimi 
invited Williams to review Tamkeen's new strategy and vision for SME 
development so that SBA could prepare a list of potential 
collaborative program opportunities. 
 
¶5. Williams told econoff and MOIC officials that he plans to return 
to Bahrain in January, pending MOIC and Department approval of the 
draft MoU, to finalize the agreement with MOIC and prepare for 
Tamkeen's visit to the U.S. 
 
#ERELI