Simultaneously with the visit of Saudi Arabia Crown Prince Selman to the US, $ 16 billion of preliminary agreements were signed between the two countries' companies.

There was no information on the areas and content of 36 memoranda of understanding worth $ 16 billion in the framework of the business forum attended by large corporate executives and some Saudi officials from both countries.

As it can be remembered, $ 350 billion military agreement was signed during US President Donald Trump's visit to Saudi Arabia. According to the US-based Defense News, between 2023 and 2026, 7 THAAD batteries will be sent to Riyadh worth $ 13.5 billion. The US, which will sell five different types of intelligent ammunition to Riyadh at a cost of $ 5 billion, will modernize its Patriot defense systems to $ 7 billion. (ILKHA)