Five U.S. officials including Kushner, Mnuchin to attend Saudi financial conference: sources

0
89

© Reuters. U.S. officials meet in Rose Garden before President announces deal at the in

By Timothy Gardner and Heather Timmons

WASHINGTON (Reuters) – U.S. Treasury Secretary and presidential adviser Jared Kushner will lead Washington’s delegation to an annual financial conference in Saudi Arabia, government sources said on Tuesday.

The conference comes a year after U.S.-based journalist Jamal Khashoggi was murdered inside the Saudi consulate in Istanbul, prompting a global outcry.

Article continues below Advertisement...

State Department adviser Brian Hook and Kushner adviser Avi Berkowitz plan to join Mnuchin and Kusher at the Future Investment Initiative in Riyadh, a senior administration official told Reuters.

Secretary Rick Perry, who is due to step down on Dec. 1, will also attend, a second government source said.

Perry has held a series of private talks with Saudi officials, including former energy minister Khalid al-Falih, on the use of U.S. technology to build civilian power plants in the kingdom.

Kushner will attend the conference after leading a delegation to Israel, Reuters reported Oct. 17. Mnuchin’s plans to attend were first reported by Quartz.

The conference, nicknamed “Davos in the Desert” seeks to draw global investment banks and financiers to Riyadh to interact with Saudi officials and drum up investment for projects in the region. It will be held from Oct. 29 to 31 at the Ritz Carlton in Riyadh.

Last year executives including J.P. Morgan Chase (N:) Chief Executive Jamie Dimon and Ford Motor Co (N:) Chairman Bill Ford pulled out of the October conference, after Khashoggi’s Oct. 2 disappearance.

The incident led to U.S. Treasury on 17 Saudi individuals and a Senate resolution blaming Saudi Arabia’s crown prince. But Saudi officials, including Prince Mohammed, later blamed Khashoggi’s death and reported dismemberment on rogue officials.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: Investing.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here