Saudi Arabia, US ink 18 agreements, including on space, investment, energy

JEDDAH, 16 July 2022, (TON): The Saudi ministers of energy, investment, communications and health have concluded 18 agreements with their US counterparts.

The agreements unlock new avenues for joint cooperation in investment, energy, information and communications technology, space and health.

They align with the Saudi Vision 2030 reform plan, which seeks investment opportunities in promising sectors.

Thirteen of the agreements, signed during US President Joe Biden’s visit to the Kingdom, were made with the Ministry of Investment, the Royal Commission for Jubail and Yanbu, and numerous private sector companies.

They include a group of leading American companies such as Boeing Aerospace, Raytheon Defense Industries, Medtronic and Digital Diagnostics, IKVIA in the healthcare sector, and many other US companies in the energy, tourism, education, manufacturing and textiles sectors.

Rate this item
(0 votes)
Login to post comments
Go to top