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Saudi-US Investment MoU
The U.S.-Saudi Business Council and the Federation of Saudi Chambers signed a memorandum of understanding in Washington to boost trade and investment between the two countries, expand partnerships, and address challenges facing businesses in both markets. The memorandum includes organizing trade delegations and meetings, exchanging information and expertise, and launching an initiative to facilitate U.S. investment in the Kingdom and support Saudi exports. It also provides for the formation of a joint working group and the development of an implementation plan, with quarterly meetings to review progress and identify priority sectors.
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