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Economic initiatives between Kingdom and US
The Saudi-American Council for Trade and Investment held its regular meeting, during which 31 initiatives were discussed to strengthen economic cooperation between the two countries. The collaboration included reviewing trade and investment policies, facilitating trade, addressing technical and regulatory barriers, supporting health and phytosanitary sectors, protecting intellectual property rights, and developing digital trade and innovation. Of these initiatives, 17 are Saudi-led, and 14 are American-led, with the aim of enhancing trade relations and overcoming challenges faced by Saudi non-oil exports in the global market.
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