Agreement signed following talks between Treasury Secretary Scott Bessent and Finance Minister Mohammed bin Abdullah al-Jadaan, with entry into force pending exchange of ratification instruments.

Saudi Arabia and the US signed an exchange of information agreement relating to tax matters on 14 April 2026.

During a meeting, Secretary of the Treasury Scott Bessent and Saudi Minister of Finance Mohammed bin Abdullah al-Jadaan discussed ongoing economic cooperation between the US and Saudi Arabia. Both sides noted progress on a number of bilateral initiatives currently being implemented.

The meeting also marked the signing of a Tax Information Exchange Agreement.

The Secretary acknowledged Saudi Arabia’s continued cooperation and resilience since the start of the Iranian conflict and expressed appreciation for the country’s partnership.

The agreement will enter into force once instruments of ratification are exchanged.