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Saudi Arabia plans to invest 600 billion US dollars in the USA over the next 4 years, says Crown Prince in Call with Trump

Dubai, United Arab EmiratesSaudi ArabiaThe Crown Prince said on Thursday that the kingdom wants to invest 600 billion US dollars in the United States over the next four years.

Mister. Trump’s 2017 trip to Saudi Arabia As a first trip abroad, a tradition of the US presidents drove to the United Kingdom for the first time. It also underlined the close relationships of its administration with the rulers of the oil -rich golf states, since its real estate company of the same name has also completed business in the entire region.

The comments by Crown Prince Mohammed Bin Salman, who reported on the early Thursday of the state Saudi press agency, came with Mr. Trump.

Saudia Arabia Trump business
President Trump shakes on May 20, 2017 during a bilateral meeting in Riad in Riad in Riad.

Evan Vucci / AP


“The Crown Prince confirmed the intentions of the kingdom to expand its investments and trade with the United States over the next four years in the amount of $ 600 billion and possibly beyond,” the report said.

The display did not work on where these investments and this trade could be placed. In recent years, the United States has increasingly withdrawn from support to Saudi oil exports that have been the foundation of its relationship for decades. Saudi confident asset funds have met large missions in American companies and at the same time also looked at sports.

However, Saudi Arabia is mainly based on weapons and defense systems produced in the USA that could be part of the investment.

There was no immediate display from the White House on the call. It was also not immediately clear whether Mr. Trump’s reputation with the crown prince was his first with a foreign guide since he joined the White House again. However, it was the first call to be reported.

The Crown Prince, the de-facto ruler of the oil-rich kingdom, also spoke to US Secretary of State Marco Rubio in early Thursday.

On Monday after his inauguration, Mr. Trump spoke like his first trip abroad, as he did in 2017, to go back to the kingdom.

“The first foreign trip was usually with the UK, but … I last did it with Saudi Arabia because they agreed to buy our products worth 450 billion US dollars,” said Trump towards journalists in the Oval Office. “If Saudi Arabia wanted to buy another $ 450 billion or $ 500 – we will improve it for the whole inflation – I think I would probably go.”

The visit to the kingdom in 2017 started a long boycott of Qatar of four Arab nations, including the kingdom.

Mr. Trump held close relationships with Saudi Arabia, even after Prince was Mohammed involved in killing and dismembering from 2018 The Columnist of the Washington Post Jamal Khashoggi in Istanbul. The kingdom had spoken to the bids administration about a wider deal for years Recognize Israel In exchange for us defense protection and other support.

The 600 -billion dollar promise that the gross domestic product of many nations also creates is also created because the kingdom itself is exposed to household pressure. The global oil prices remain years after the amount of the Coronavirus pandemic, which influences the revenue of the kingdom.

In the meantime, Prince Mohammed would also like to continue his 500 billion dollar project at NEOM, a new city in the western desert Saudi Arabia on the Red Sea. It also has to build tens of billions of dollars of new stadiums and infrastructure before the FIFA World Cup 2034 takes place.

(Tagstotranslate) Mohammed bin Salman

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