Saudi, US bilateral trade reaches USD30bn


(MENAFN) Trade ties between Saudi Arabia and the United States maintained positive and grew over more than 80 years, despite political and economic upheavals.

Furthermore, the increase is attributed to the mutual relationship that is built on a hard foundation of mutual respect and benefits.

The major investment operations that will bring both sides together involve the establishment of Sadara Chemical Co. at more than USD 20bn.

Additionally, the volume trade between the both countries during the cited period reached USD 8.12bn, with the kingdom posting exports to US at USD 3.23bn.


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