Federation of Saudi Chambers, US Chamber of Commerce sign MoU on the sidelines of the B20 Summit

RIYADH: The Federation of Saudi Chambers and the US Chamber of Commerce signed a memorandum of understanding, aimed at strengthening trade and investment cooperation between Saudi Arabia and the US.

The agreement seeks to expand collaborative opportunities between the business sectors of both nations and was signed on the sidelines of the B20 Summit, currently being hosted in Washington, D.C.

The signing took place during a session titled “Saudi-US Innovation: From Vision to Value,” organized by the US Chamber of Commerce. The session was attended by the Deputy Chief of Mission at the Saudi Embassy in the US, Nawaf bin Khalid Al-Issa; Sultan bin Mohammed Al-Musallam, secretary-general of the Federation of Saudi Chambers; as well as various officials from the US Chamber of Commerce and representatives from the business community.