Saudi Arabia Plans $600 Billion Investment in U.S. Economy
In a phone conversation with President Donald Trump, Saudi Crown Prince Mohammed bin Salman revealed that Saudi Arabia aims to invest $600 billion in the U.S. over the next four years. This major investment is part of a broader effort to expand trade and economic ties between the two nations. The Saudi State News Agency reported that this figure could rise further if new opportunities emerge.
Crown Prince Mohammed bin Salman emphasized that the reforms expected from the Trump administration could lead to “unprecedented economic prosperity” in the U.S., which Saudi Arabia hopes to capitalize on. While the details of the $600 billion investment remain unclear, the agency did not specify whether the funding would come from public or private sources, nor how it would be allocated.
The Trump administration has maintained close relations with Gulf states, including Saudi Arabia, during his presidency. In his first term, the U.S. secured a $450 billion deal with the kingdom, which led to Trump’s historic visit to Riyadh in 2017. After his return to office, Trump suggested he might make Saudi Arabia his first foreign visit again if the kingdom agreed to purchase $500 billion in American products, echoing the terms of his previous agreement.
The $600 billion investment marks another step in strengthening ties between the U.S. and Saudi Arabia, focusing on boosting economic collaboration.
Tags: Saudi Arabia investment, Trump-Saudi relations, economic prosperity, Crown Prince Mohammed bin Salman, U.S. trade, Saudi Arabia investment in U.S., Trump foreign visit, U.S. economy, Saudi investments, Trump reforms.
Disclaimer: Above information have been compiled from various international news and is being published for information purpose only.
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