White House: American companies will make their own decisions on the future of their work in Saudi Arabia

White House: American companies will make their own decisions on the future of their work in Saudi Arabia

According to a statement from the White House, American businesses will decide independently about the future of their work in Saudi Arabia, but they will consider “the potential hazards of reputation.

“American businesses will make decisions independently about their presence, as they do everywhere else in the world, as well as about investments, taking into account a variety of factors, such as legal limitations, actions, and concerns about potential reputational harm due to host nation politics.
When asked if US representatives would attend the investment conference in Riyadh, Jean-Pierre responded, “She has nothing to disclose.

” Media reports indicate that US officials are trying to persuade companies not to intensify their business with Saudi Arabia against the backdrop of the “OPEC+” decision. “We have clearly emphasized that in this period when these things happen in global markets, the” OPEC+”decision is wrong. It has a limited view.”
She added that Washington considers that Saudi Arabia “stood by Russia.

The American government will “reassess” its ties to Saudi Arabia since this will hurt Americans.
Origin: Tas.

White House: American businesses will decide for themselves how they want to proceed with their work in Saudi Arabia.

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Economics