on RACING FORCE (EPA:ALRFG)
Racing Force Gains GCC Certification as Authorized Economic Operator
Racing Force Group has announced that its Bahrain-based subsidiary, Racing Force International W.L.L., received certification as a member of the GCC Authorized Economic Operator program. This recognition underscores the subsidiary's adept management of import and export procedures and adherence to World Customs Organization standards.
The GCC AEO certification provides Racing Force with customs and tax benefits, bolstering its competitiveness in the global motorsport safety equipment market. The company exports to 85 countries, leveraging a broad network of dealers and partners.
Bahrain's strategic location features a growing R&D and production hub for Bell Racing Helmets, now spanning 12,000 square meters. The locale also benefits from a free trade agreement with the U.S., enabling duty-free exports. Meanwhile, GCC-UK trade negotiations are ongoing.
R. P.
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