During US President Donald Trump’s visit to Saudi Arabia, Crown Prince Mohammed bin Salman expressed his willingness to invest $600 billion in the US.
According to a report by the international news agency Reuters, the US president arrived in Saudi Arabia today on a four-day visit to the Middle East, where he signed a strategic partnership agreement with Mohammed bin Salman in Riyadh in energy, defense, mining and other sectors.
Of the $600 billion investment promised by Saudi Arabia, $142 billion will be spent on the purchase of defense equipment.
Reuters reported in April that the US was preparing to offer the kingdom an arms package worth more than $100 billion.
Two sources briefed on the talks told Reuters that the United States and Saudi Arabia had discussed Riyadh’s potential purchase of Lockheed F-35 fighter jets, a long-standing interest in the Saudi warplanes.
It was not immediately clear whether the planes were included in the deal announced on Tuesday, Reuters reported.
US President Donald Trump, accompanied by US business leaders including billionaire Elon Musk, will travel from Riyadh to Qatar on Wednesday and to the United Arab Emirates on Thursday.
“While energy is a cornerstone of our relationship, investment and business opportunities in Saudi Arabia have increased manifold,” Saudi Investment Minister Khalid al-Falih said at a US-Saudi Investment Forum.
