Saudi, US cement partnership with deals worth US$280 bln

0 Comment(s)Print E-mail Xinhua, May 21, 2017
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U.S. President Donald Trump meets with Saudi Arabia's Deputy Crown Prince and Minister of Defense Mohammed bin Salman (center L) at the Ritz Carlton Hotel in Riyadh, Saudi Arabia May 20, 2017. [Photo/Xinhua]


U.S. President Donald Trump and Saudi King Salman bin Abdulaziz Al Saud signed on Saturday in Riyadh a series of agreements worth 280 billion U.S. dollars, Arabiya local news reported.

The agreements cover military, commercial, energy and petrochemical sectors and are expected to offer hundreds of thousands of jobs in both countries, Arabiya said.

The agreements came at a U.S.-Saudi summit, which will be soon followed by Gulf-U.S. summit and Arab Islamic U.S. summit.

Trump arrived in Riyadh on Saturday morning as the first leg of his first foreign visits since his election as U.S. President.

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