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Both Saudi Arabia and the United States, as well as their peoples, got so much to hold on to, eighty years of relations that would not be easy to break, and very costly to replace.
The historic visit of US President Donald Trump to Riyadh on May 20, 2017   marked a new chapter in Saudi-US ties, and indeed a new era of the Kingdom’s standing within the Arab and Islamic worlds.
Under the slogan “Together we prevail” Trump’s decision to make Riyadh the primary stop on his first overseas trip as President was a sign of intent that the Middle East would be his administration’s core foreign policy objective, and that Saudi Arabia would be its most valuable and trusted partner. For the Kingdom’s part, this was an opportunity to lead the region—including heads of state of 55 Islamic nations—into the most important discussions of our generation.
In terms of trade and economic ties, everyone knows that Saudi Arabia is closely and historically linked to the US, dating back to the 1930s, when Standard Oil of California was granted oil exploration rights in the Kingdom, followed by the first commercial oil shipment abroad. The event contributed to the joint interests of both countries.
Saudi Arabia is currently moving toward achieving the objectives of its Vision 2030, which aims to realize economic transformation with a focus on preserving economic gains while diversifying income sources. In light of this, Saudi-US relations have reached new levels of cooperation recently, with a greater number of meetings to discuss furthering economic ties, particularly those led by Deputy Crown Prince Mohammed bin Salman with top US economic officials.
With Vision 2030, opportunities for cooperation will be greater than ever, particularly if we account for the multiple fields and areas covered by the reform program, such as oil, gas, chemicals, biotechnology, entertainment, economic cities and other investment areas.
In light of a long history of economic cooperation between the two countries, the US has benefited tremendously from investment agreements in the Kingdom, due to its advanced technological capabilities that contributed to the progress of local manufacturing and great economic returns on the domestic level.
When U.S. companies invest in the Saudi economy, everyone wins. The U.S. creates jobs at home, and businesses in the Gulf region get the best business partners that the global marketplace has to offer. We often talk about the commercial sales opportunities in Saudi Arabia, but we also hope Saudi Arabia will partner and invest with us here in the United States as well. Saudi Arabia. Saudi Arabia will find many promising investment opportunities in the United States.
SAUDI-US relations have reached a level of maturity where the two countries are keen to maintain these strong ties and continuously develop them whatever may be the circumstances.