France, Saudi Arabia, sign $12 bln worth of contracts

PARIS – France and Saudi Arabia are set to sign several contracts worth a total of $12 billion, announced French Foreign Minister Laurent Fabius on Wednesday.The contracts are in the fields of defense, civil aviation, solar and nuclear energy and military training, said Fabius.Speaking at a press conference with his Saudi counterpart Adel bin Ahmed al-Jubeir following the first “Franco-Saudi Joint Commission” meeting in Paris, Fabius said: ” We will sell military, commercial airplanes to Saudi Arabia.”The announcement comes as Saudi Deputy Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Second Deputy Premier and Minister of Defense, is visiting Paris.

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