14-05-2025
Saudi Crown Prince, US President Trump sign Strategic Economic Partnership
Image: Saudi Press Agency
Saudi Crown Prince Mohammed bin Salman and US President Donald Trump co-chaired the Saudi-US Summit on May 13 at the Royal Court in Al-Yamamah Palace, where both leaders signed a Strategic Economic Partnership aimed at deepening bilateral cooperation across multiple sectors, according to the Saudi Press Agency (
The summit focused on enhancing the long-standing strategic partnership between the two countries, with discussions spanning regional and global developments, security and stability, and key issues of mutual interest.
During the summit, Crown Prince Mohammed and President Trump oversaw the exchange and announcement of several key agreements and memoranda between Saudi and US government entities.
Among the agreements was a memorandum of understanding for energy cooperation between Saudi Arabia's Ministry of Energy and the US Department of Energy, exchanged by Saudi Energy Minister Prince Abdulaziz bin Salman and US Energy Secretary Chris Wright.
A memorandum of intent on defenc modernisation was exchanged between Saudi Defense Minister Prince Khalid bin Salman and US Secretary of Defense Pete Hegseth, outlining plans to upgrade the capabilities of the Saudi Armed Forces, SPA reported.
List of Saudi-US agreements
Further agreements announced included:
A memorandum of cooperation in mining and mineral resources between Saudi Arabia's Ministry of Industry and Mineral Resources and the US Department of Energy.
A letter of intent to enhance joint cooperation on ammunition, training, maintenance, and support services for the Saudi Ministry of the National Guard.
A memorandum of understanding between the Saudi Ministry of Interior's International Partnership Program and the FBI under the US Department of Justice.
A letter of intent on defense health capabilities between the Saudi and US defense ministries.
A memorandum of understanding for judicial cooperation between the Saudi Ministry of Justice and the US Department of Justice.
An executive agreement on space cooperation between the Saudi Space Agency and NASA for collaboration on the Space Weather CubeSat aboard the Artemis II Mission.
A Customs Mutual Assistance Agreement and a Protocol of Amendment to the Saudi-US Air Transport Agreement.
A memorandum of understanding on medical research between the Saudi National Institute of Health Research and the US National Institute of Allergy and Infectious Diseases.
Two collaboration agreements between the Royal Commission for AlUla and the Smithsonian Institution, covering the National Zoo and Conservation Biology Institute, and the National Museum of Asian
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