SAUDI ARABIA, US SIGN JOINT STRATEGIC VISION DECLARATION

Riyadh – Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and US President Donald Trump co-signedhere today the Saudi-US Joint Strategic Vision Declaration.

The two sides signed a number of agreements and investment opportunities amounted to more than $280 billion that would contribute to transferring knowledge and creating hundreds of thousands job opportunities in both countries, Saudi Press Agency SPA reported.

Both sides exchanged two memorandums to modernize and revamp Saudi defense capabilities between the Saudi Ministry of Defense and the US Department of Defense.

An agreement of partnership to manufacture Black Hock choppers in the Kingdom was also exchanged.

The two sides also exchanged four agreement in the field of military industries .

The two sides also exchanged a memorandum of understanding in the field of technology, an agreement in the field of power generation, two agreements in the field of manufacturing high value products , two agreements in the fields of technology and infrastructure besides an agreement to establish an Ethylene plant in the US .

A number of agreements with Saudi Aramco in the fields of oil and gas services were exchanged.

The two sides also exchanged three agreements in the field of mining and developing human capabilities, an agreement in the field of health investments to build and operate various hospitals in the Kingdom, an agreement in the field of air transport to purchase aircraft, an agreement in the field of digitalization, an agreement to build an information storage center and an agreement in the field of real estate investment.

Source: Qatar News Agency

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