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Saudi Arabia to host investment summit during bin Salman’s Washington visit : US Pioneer Global VC DIFCHQ SFO NYC Singapore – Riyadh Swiss Our Mind

Saudi Arabia to host investment summit during bin Salman’s Washington visit : US Pioneer Global VC DIFCHQ SFO NYC Singapore – Riyadh Swiss Our Mind

The summit will be held on November 19th and will not be a part of the Saudi crown prince’s official US visit itinerary.

Saudi Arabia is expected to host a United States-Saudi investment summit in Washington on November 19 during a visit by Crown Prince Mohammed bin Salman, according to a source familiar with the planning.

Bin Salman will be in Washington to meet with US President Donald Trump at the White House on November 18, a White House official said last week.

The summit will be held on the sidelines of bin Salman’s visit and not be a part of his official schedule, the source said, declining to be identified because the event is not yet public.

Trump and bin Salman may drop in, but their participation was not currently part of the program, the source added.

News of the summit was first reported by CBS News, which, citing an invitation, reported that the event would be held at the John F. Kennedy Center for the Performing Arts and co-hosted by the Ministry of Investment of Saudi Arabia and the US-Saudi Business Council.

Saudi Arabia's Crown Prince Mohammed bin Salman meets with US President Donald Trump, at the G20 leaders summit in Osaka, Japan, June 29, 2019. (credit: BANDAR ALGALOUD/COURTESY OF SAUDI ROYAL COURT/HANDOUT VIA REUTERS)
Saudi Arabia’s Crown Prince Mohammed bin Salman meets with US President Donald Trump, at the G20 leaders summit in Osaka, Japan, June 29, 2019. (credit: BANDAR ALGALOUD/COURTESY OF SAUDI ROYAL COURT/HANDOUT VIA REUTERS)

Trump and bin Salman may also discuss Abraham Accords, US-Saudi defense agreement

Bin Salman will visit Washington as Trump pushes Saudi Arabia to join the list of nations that have joined the Abraham Accords, normalizing relations between Israel and Muslim-majority nations.

Saudi Arabia is one of the largest customers for US arms, and Trump and bin Salman may also discuss a US-Saudi defense agreement. The Financial Times reported last month that there were hopes the two countries could sign such an agreement during bin Salman’s visit.

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https://www.jpost.com/international/article-873544

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