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ED AmCham Saudi Arabia: Trade powers US-Saudi ties
AlArabiya English
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8 months ago
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00:00
Let's start by talking about U.S. investment in Saudi Arabia.
00:03
How has U.S. interest in investment grown over the years?
00:09
Sure. Well, thank you, Tom, for having us.
00:11
And it's a pleasure to welcome the American Chamber of Commerce, Saudi Arabia, also known as Amsham.
00:17
We've been around for about 35 years and we are a nonprofit, non-government, paid membership trade organization
00:26
focused on the bilateral trade relationship between U.S. companies and Saudi Arabia in both directions.
00:34
So this Trump visit comes at a very exciting time.
00:37
With over 100 years history between our countries, trade has always been the lifeblood of the relationship.
00:43
And though it has waxed and waned over those 100 years, it's really seen a steady growth since 2017 through 2020,
00:52
despite the pandemic, and it has its ups and downs, most certainly.
00:58
But we are very hopeful that this bilateral trade investment relationship between both countries' leaders
01:04
is going to lead to a long-term and sustained investment in those key critical industries
01:11
upon which Amsham Saudi Arabia currently focuses.
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