(MENAFN - Saudi Press Agency) The Kingdom and America signed another cooperation agreement in order to increase the volume of partnerships among US private companies in local projects in the Kingdom which contribute to the introduction of modern technology to the country
Today The Kingdom of Saudi Arabia is the largest stable economy in the Middle East and is characterized by its active membership in the major economic Group of Twenty in addition to its membership in the World Trade Organization and having the largest foreign reserves on the basis of per capita average.
The Kingdom seeks to continue to be an oasis of stability in the Middle East and the basic engine to the wheel of economic growth in the region despite the turmoil experienced by the region currently.
In this context the Kingdom and the United States enjoy strong economic and trade relations supported by common interests.
03:57 LOCAL TIME 00:57 GMT