Washington: The U.S.-Saudi Business Council, in collaboration with the White House and the U.S. Department of Commerce, hosted a high-level investment event yesterday in Washington. This event was organized in anticipation of U.S. President Donald Trump's upcoming visit to the Kingdom of Saudi Arabia, aiming to enhance the economic partnership between the two nations.
According to Saudi Press Agency, the event saw participation from senior executives of over 50 American companies and a high-level Saudi delegation, which included officials from more than 10 ministries, government agencies, and private-sector companies. This gathering served as a platform for dialogue and exchange of perspectives on future bilateral cooperation.
Representatives from the U.S. Department of Commerce and the U.S.-Saudi Business Council shared strategic visions and key topics aimed at supporting trade and investment relations between both countries. Discussions focused on cooperation opportunities in sectors vital to both economies, such as digitalization, artificial intelligence, mining, minerals, innovation in the energy sector, and the development of cross-border trade and investment.
Bilateral meetings between American company representatives and the Saudi delegation provided opportunities to explore market trends and strengthen direct business relations. The event underscored the shared commitment of both countries to advance economic cooperation to deeper levels and highlighted the U.S.-Saudi Business Council's pivotal role in connecting public and private sectors in Saudi Arabia and the United States.