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Saudi Arabia-France $5B Credit Line
Saudi Arabia and France signed a joint statement to establish a $5 billion credit line to strengthen economic and investment cooperation between the two countries. The line aims to finance existing and future contracts carried out by French companies, with a focus on infrastructure, urban development, transportation, and healthcare sectors, in support of Saudi Arabia's Vision 2030 and France’s Plan 2030. The line will be implemented swiftly and within specific timelines. This agreement comes as part of the "Roadmap for the Next Decade" between the two nations to enhance economic and cultural collaboration.
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