France signs deals worth $10 bn with Saudi Arabia
The deals include contracts and letters of intent between the two countries
France on Tuesday announced a series of deals worth 10 billion euros ($11.4 billion) with Saudi Arabia, during a visit by Prime Minister Manuel Valls.
“France-Saudi Arabia: 10 billion euros in contracts,” he wrote in a tweet.
The deals include contracts and letters of intent between the two countries whose economic and political bonds have been strengthening.
Among the agreements is a Saudi order for 30 patrol boats.
The deals also cover energy, health, food, satellites and infrastructure, according to the prime minister’s office.
The announcement came during the third high-level visit by French officials to the world’s biggest oil exporter this year.
France has been reinforcing links with the conservative Islamic kingdom -- the Arab world’s largest economy.
Valls on Monday night opened a forum to promote commercial ties between firms from the two countries.
He is on a regional tour which earlier took him to Jordan and Egypt, along with Defense Minister Jean-Yves Le Drian and Foreign Minister Laurent Fabius
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