Saudi Crown Prince Pledges $600 Billion Investment and Trade with the U.S.
Saudi Crown Prince and Prime Minister Mohammed bin Salman has announced the Kingdom’s intention to expand its investments and trade relations with the United States, aiming to reach $600 billion over the next four years, with potential for further growth.
The Crown Prince conveyed this during a phone call with U.S. President Donald J. Trump. During the conversation, he extended congratulations on behalf of King Salman bin Abdulaziz Al Saud and himself to President Trump on his inauguration, wishing prosperity and progress to the American people under his leadership.
READ MORE: Starlink Seeks Approval to Establish Ground Stations in Pakistan
The discussion focused on enhancing cooperation between Saudi Arabia and the United States in various areas, including promoting peace, security, and stability in the Middle East, and strengthening joint efforts to combat terrorism.
Crown Prince Mohammed bin Salman highlighted the U.S. administration’s efforts to drive economic prosperity through anticipated reforms and expressed Saudi Arabia’s desire to participate in these opportunities for partnership and investment. The leaders also discussed avenues to deepen bilateral ties across multiple sectors.
President Trump expressed gratitude to the Custodian of the Two Holy Mosques and the Crown Prince for their congratulations and reaffirmed his commitment to working with the Kingdom to advance the shared interests of both nations.
In his inaugural address, President Trump mentioned Saudi Arabia as a potential first destination for a foreign visit, contingent upon the Kingdom agreeing to purchase $500 billion worth of American products.
