Washington and Riyadh forge nuclear pact
Washington and Riyadh have signed a historic agreement for peaceful nuclear cooperation, known as the "123 Agreement." This agreement establishes the legal framework for collaboration between the two countries in the field of civilian nuclear energy. Its goal is to promote cooperation in technology transfer and expertise sharing, and to develop nuclear power programs in a safe and peaceful manner, with a commitment to high safety standards and non-proliferation. The agreement aims to expand opportunities for American companies, support the national industry, and enhance energy security, in addition to strengthening the strategic relationship between the United States and Saudi Arabia. The agreement is awaiting review by the U.S. Congress before taking effect and comes as a continuation of Crown Prince Mohammed bin Salman's recent visit to the United States.
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