After calling with President Trump, the US Saudis 600 billion dollars of investment

Saudi Arabia's Crown Prince said on Thursday that the Saudi Kingdom wants to invest $600 billion in the United States over the next four years. The comment was made shortly after President Donald Trump cited investments as a precondition, if his first visit abroad to Saudi Arabia be made. Visit [...]
His visit to Saudi Arabia in 2017 ended the tradition of the first trip of a new American president to Britain.
The visit also highlights his administration's close ties with the rulers of the rich Persian Gulf states, while his real estate company is committed to several projects in the region.
Crown Prince Mohammed bin Salman's comments, reported Thursday by the Saudi Press Agency, were made during a call with President Trump. This was also the first phone call President Trump had with a foreign leader after his inauguration Monday.
The Crown Prince confirmed the goal of the kingdom to expand investment and trade with the United States over the next four years, with a total of $600 billion, and possibly even further”, the report says.
The announcement does not elaborate on where the investments would be made. The United States has become more and more disconnected in recent years from reliance on Saudi oil exports, which served as the foundation of relations for decades. Investments from the Saudi sovereign fund have taken important stakes in American businesses and, meanwhile, are considering investment opportunities in sports.
Saudi Arabia depends mainly on American weapons and protection systems, the sector where future investments are supposed to be made.
The White House made a statement Thursday confirming the call, and it is said that the two leaders “discussed efforts to bring stability to the Middle East, strengthen regional security and fight terrorism”.
“also discussed the international economic ambitions of the Saudi Arabia kingdom over the next four years, as well as trade and other opportunities to increase the bilateral prosperity of the United States and the kingdom of Saudi Arabia”, the statement says, without providing further details.
The Crown Prince, the Ruler de facto The oil - rich kingdom also spoke with Secretary of State Marco Rubio on Thursday.
On Monday after his inauguration, President Trump spoke of the possibility of traveling back to Saudi Arabia as his first visit abroad, as he did in 2017.
The first trip abroad was usually in Great Britain, but... I did it with Saudi Arabia the last time, because they agreed to spend $450 billion to buy our products”, President Trump told reporters in the Oval Office. “If Saudi Arabia wanted to buy $450 billion or another $500 billion... let's raise it a little because of all this inflation I think maybe I'd go”.
Regarding a possible trip to Saudi Arabia, White House Press Secretary Caroline Leavet told reporters Thursday that: “I am unaware of any plan, at this time”
After President Trump's visit to the Saudi kingdom in 2017, a year-long boycott of Qatar from four Arab countries, including Saudi Arabia.
President Trump maintained close relations with Saudi Arabia, even after Prince Mohammed became involved in the murder and fragmentation of the newspaper's collaborator's body Washington PostJamal Khashoggi, Istanbul. The Kingdom had also been engaged for years in talks with former President Biden's administration on a broader agreement to establish diplomatic relations with Israel in exchange for US guarantees for defence and other forms of support, reports VOA.
The 600 billion-dollar promise, exceeding the gross domestic product of many countries, comes as the Saudi Kingdom faces its budgetary problems. Global oil prices remain low, years after the culmination of the coronary pandemic, affecting the wealth of the kingdom.
Meanwhile, Prince Mohammed also wants to continue his $500 billion project for the construction of the new city of NEOM, in the western desert of Saudi Arabia, near the Red Sea. Saudi kingdom must also build new stadiums and infrastructure, worth tens of billions of dollars, before organising the World Cup FIFA 2034.












