Big Investments in Saudi Arabia
In Riyadh, Crown Prince Mohammed bin Salman announced that Saudi Arabia has signed deals with the US worth more than $300 billion. He mentioned that the Kingdom is looking at $600 billion in investment opportunities and hopes to increase that amount to $1 trillion soon.
Saudi Vision 2030
The Crown Prince highlighted that the US is a key partner in Saudi Arabia’s Vision 2030 plan, which aims to improve the country’s economy. He said that around 40% of the Public Investment Fund’s money is invested in the US, making it a major place for Saudi investments.
The Crown Prince also said that working together with the US is not just about money. They want to help create peace in the region and around the world.
Trump’s Praise for Saudi Arabia
During his visit, US President Donald Trump spoke highly of Saudi Arabia’s changes. He called Crown Prince Mohammed a “very great man like no other” and praised him for being a fantastic representative of his people. Trump noted how Saudi Arabia has become an important business center and mentioned that its non-oil income is now greater than income from oil.
Criticism of the Biden Administration
Trump criticized President Biden for taking the Houthis off the US terrorist list, saying it was a big mistake. He compared how some Gulf countries have turned deserts into farms while he claimed Iran has ruined its own farms. Trump also mentioned Iran’s negative impact on several countries, including Syria and Lebanon, and expressed his wish to help Lebanon.
Strong Partnerships
The two leaders signed a new economic partnership agreement that includes working together in areas like energy, mining, and defense. They also talked about modernizing Saudi Arabia’s military and even signed an agreement between NASA and the Saudi Space Agency.
A Historic Visit
Trump arrived in Saudi Arabia as part of what he called a “historic” trip to the Middle East. The Crown Prince greeted him warmly at the airport. After their meeting, they enjoyed traditional Arabic coffee and had lunch together.
Conclusion
Trump’s visit to Saudi Arabia was filled with important discussions and agreements worth billions of dollars. Both leaders are excited about building a brighter future together through investments and cooperation.
