15.10.2015 - France and Saudi Arabia sign agreements worth EUR10bn
France has signed military, trade and economic co-operation deals worth €10bn (£7.5bn; $11.4bn) with Saudi Arabia. The agreements cover a range of sectors including aerospace, construction and naval research. Saudi Arabia's sovereign wealth fund is also to invest $2bn in French private funds with a focus on renewable energy. The deals were signed by French Prime Minister Manuel Valls in Riyadh on 13 October and signal a deepening of relations between the two countries...............................................Full Article: Source
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