US and Saudi Arabia sign package of agreements ranging from removing peacekeepers from a strategic island off the Saudi and Egyptian coasts to cooperation in mobile technology during President Biden's visit to the kingdom
President Joe Biden participates in a working session with Saudi Crown Prince Mohammed bin Salman at the Al Salman Royal Palace, Friday, July 15, 2022, in Jeddah.
The United States and Saudi Arabia have made a package of announcements ranging from removing peacekeepers from a strategic island off the Saudi and Egyptian coasts to cooperation in mobile technology, during a visit by US President Joe Biden. The two nations also signed 18 agreements and memoranda of understanding for joint cooperation in the fields of energy, investment, communications, space and health during Biden's visit to the kingdom, according to the kingdom's TV al-Ekhbariya.
In the statement released after Biden held talks with senior Saudi officials including Crown Prince Mohammed bin Salman, the United States also welcomed previously announced accelerated oil production increases by OPEC+, a group that includes Saudi Arabia and Russia. Wealthy Gulf OPEC members like Saudi Arabia and the UAE are investing in renewable and clean energy while also stressing the continued importance of hydrocarbons for global energy security at a time of growing calls for a shift away from fossil fuels.
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