The Federation of Saudi Chambers and the Saudi-US Business Council signed a memorandum of understanding in Washington aimed at strengthening ties between the business communities of both countries.
The federation is a party to the agreement as the representative of the Saudi private sector, a role intended to ensure the sector's perspectives and needs are considered in efforts to deepen commercial engagement with American companies.
The US and Saudi Arabia traded an estimated $24.6 billion in goods in 2025.