Saudi Crown Prince Mohammed bin Salman Plans $600 Billion Investment in US Over Four Years

Saudi Crown Prince Mohammed bin Salman has informed President Donald Trump that the Kingdom plans to invest $600 billion in expanding trade and investment with the United States over the next four years. The announcement was made following a phone call between the two leaders, as reported by the Saudi State news agency early Thursday.

The crown prince highlighted that the expected reforms from the Trump administration could lead to “unprecedented economic prosperity,” and Saudi Arabia aims to capitalize on these conditions through its investments. However, the specifics regarding whether the $600 billion would come from public or private sources, or how the funds would be allocated, were not detailed in the report. Bin Salman also mentioned that this investment amount could increase if additional opportunities arise.

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During his first term, President Trump fostered strong ties with Gulf states, including Saudi Arabia, and the relationship continued even after he left office. In one notable instance, Saudi Arabia invested $2 billion in a firm founded by Jared Kushner, Trump’s son-in-law and former adviser.

Trump, who has long pursued policies to boost American exports, mentioned in his recent inauguration speech that he would consider making Saudi Arabia his first foreign visit, contingent on the kingdom agreeing to purchase $500 billion worth of American products. This echoed a similar agreement made during his first term when Saudi Arabia agreed to purchase $450 billion worth of U.S. products during his 2017 visit to the country.

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