Saudi Deputy Crown Prince Mohammed bin Salman’s visit to the United States this week will include meetings with both senior American officials and business executives. For the young head of the Saudi Council of Economic and Development Affairs, explaining and marshaling support for the kingdom’s ambitious reform plans is especially important. Indeed, a chief goal of his trip will be to convince American companies to invest in Saudi Arabia.
Localization and reduced subsidies
On the one hand, the plan’s emphasis on exploiting the private sector and improving the business environment is clearly a boon to foreign firmsNathan Hodson