Saudi-France trade hits $53.7B over 5 years
The trade relations between Saudi Arabia and France have seen notable development over the past five years, with the volume of bilateral trade reaching $53.7 billion, representing a 43% increase compared to previous periods. Machinery, equipment, and pharmaceutical industries topped the list of exchanged goods. Additionally, a Saudi cultural center in Paris was announced to be established, and the two sides signed 21 agreements and memoranda worth more than $13.7 billion to strengthen their economic and cultural cooperation.
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