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- ejasun
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Despite occasional bouts of political anti-Americanism invading the commercial sector and manifesting themselves in threats of private boycotts, despite the diversification of Saudi commercial ties away from traditional partners, despite the massive growth of investment and trade with China, India and other eastern nations — despite all this, the US remains Saudi Arabia’s largest trading and investment partner.
This is still true although last year for the first time, because of an increase in imports of Saudi oil, Japan displaced the US as Saudi Arabia’s principal export destination.
http://www.arabnews.com/?page=15§ion=0&article=89617&d=5&m=2...
This is still true although last year for the first time, because of an increase in imports of Saudi oil, Japan displaced the US as Saudi Arabia’s principal export destination.
http://www.arabnews.com/?page=15§ion=0&article=89617&d=5&m=2...
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ejasun
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Conveyed the message to US business that Saudi Arabia is a financially secure location in which to invest.
There has certainly been a big difference in investment from Malaysia following the Saudi-Malaysian BIT. As one American consultant pondered: “Maybe it will help Microsoft and Intel to invest here.”
- 3 years ago
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ejasun
