LONDON: Bahrain and the UK finalized two major agreements on Thursday during an official trip to London by Crown Prince Salman bin Hamad Al-Khalifa.

During a visit to No. 10 Downing Street for talks with British Prime Minister Keir Starmer, the prince and his host oversaw the signing of a Strategic Investment and Collaboration Partnership, SIP2 for short, said to represent a renewed framework for two-way investment between their countries.

The agreement will enable £2 billion ($2.7 billion) of investment by Bahrain’s private sector in key UK sectors including financial services, technology, manufacturing and decarbonization, officials said. It was signed by Bahrain’s finance minister, Sheikh Salman bin Khalifa Al-Khalifa, and the British chancellor of the exchequer, Rachel Reeves.

The second deal was a Defense Cooperation Accord which, according to officials, aims to enhance interoperability and joint training between the nations’ armed forces, building on the foundations of an already strong naval partnership. It was signed by defense ministers, Lt. Gen. Abdullah Al-Nuaimi and John Healey.

During his discussions with Starmer, Prince Salman reaffirmed the strength of relations between their countries, which he said continues to grow under the leaderships of King Hamad and King Charles, the Bahrain News Agency reported.

The leaders reviewed progress on a proposed UK-Gulf Cooperation Council free trade agreement, and the crown prince welcomed the UK’s decision to fully participate in the Comprehensive Security Integration and Prosperity Agreement, following a joint invitation in December from founding signatories Bahrain and the US.

Regional and wider international developments featured prominently in the discussions between Prince Salman and Starmer, who both expressed concern about the recent escalation of hostilities between Israel and Iran. They agreed on the urgent need to deescalate the conflict, ease tensions and resume dialogue.

They also reiterated previous calls for an immediate ceasefire agreement in Gaza, unimpeded humanitarian access to the territory, and the release of all hostages still held by Hamas.

Starmer congratulated Bahrain on its recent election as a nonpermanent member of the UN Security Council for a two-year term beginning in January 2026, and both leaders agreed to work closely to bolster their diplomatic efforts in the run-up to that.