RIYADH: Saudi Arabia and the US has signed an agreement for cooperation on the peaceful uses of energy, the Kingdom’s energy ministry said.
The agreement builds on the historic strategic partnership between the two friendly countries and follows the announcement made during the visit of Crown Prince and Prime Minister Mohammed bin Salman’s visit to the US in November last year on the conclusion of negotiations on bilateral cooperation in the peaceful uses of nuclear energy.
It further strengthens cooperation between the two countries in the fields of energy and advanced technologies, the energy ministry said in its statement.
The agreement, signed by Prince Abdulaziz bin Salman bin Abdulaziz, Saudi Minister of Energy and Minister of Industry and Mineral Resources, and Chris Wright, the US Secretary of Energy, aims to “enhance cooperation between the two countries in the peaceful uses of nuclear energy and to facilitate the exchange of expertise, knowledge, and technologies, contributing to strengthening bilateral cooperation in accordance with the highest international standards of nuclear safety, nuclear security, and non-proliferation.
It also reflects the shared vision of both countries to expand cooperation in energy and future technologies while supporting sustainable development,” the energy ministry added.
“The agreement also builds on the longstanding energy cooperation between the two countries, supporting efforts to diversify energy sources, advance cutting-edge technologies, and expand opportunities for cooperation and investment in ways that serve the mutual interests of the two friendly countries.”
