France, Saudi Arabia sign deals worth $18 bn: business forum

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PARIS: French and Saudi companies have signed draft agreements worth a total of $18 billion (14.5 billion euros) during a trip to Paris by Saudi Crown Prince Mohammed bin Salman, the French-Saudi business forum said Tuesday.

The memorandum of understanding (MoU) covers sectors including petrochemicals, water treatment, tourism, health, agricultural and cultural activities, business leaders and representatives of both governments said in a statement.