US-Saudi Agreements Cover Trade
President Donald Trump and Saudi King Salman bin Abdulaziz Al Saud on May 20 signed a Joint Strategic Vision Declaration (here) and a series of agreements that define the bilateral trade framework, Saudi Foreign Minister Adel al-Jubeir said May 20…
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at a press conference (here). “This is unprecedented,” al-Jubeir said. “We have not had an agreement, I believe, signed by a king of Saudi Arabia and a president to codify the strategic relationship and where we want to take it moving forward, so this was a great accomplishment.” The U.S. and Saudi Arabia are charting a new path toward a peaceful Middle East where economic development and trade are among the “hallmarks of the regional and global engagement,” Secretary of State Rex Tillerson said during the press conference. Al-Jubeir also said the two nations want to “intensify” cooperation in consultations on technology transfer.