Envoy holds reception for Saudi-American Businessmen

Washington, Oct 24, SPA -- Saudi ambassador to the US Adel bin Ahmed
Al-Jubeir held last night a reception party in honor of the participants of the
Saudi-American businessmen meeting on opportunities of cooperation and investment.

The meeting is organized by the Washington-based Chamber of Arab-American trade.

In a statement to the Chamber's bulletin, Al-Jubeir reiterated the strength of the
Saudi-American relations and said the Kingdom has been adopting balanced economic
policies as regards investment opportunities and opening foreign markets for the
Saudi products.

He pointed out that the Kingdom is a member of Group-20 countries and the World
Trade Organization (WTO).

Moreover, he said the Kingdom has attained an advanced position at the world bank's
classification and the international financing institution.

--SPA