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Saudi Arabia Plans US$600 Billion Investment To Enhance US Ties

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Saudi Arabia Aims to Broaden Investments and Trade with the United States

Saudi Arabia is looking to broaden its investments and trade with the United States over the next four years, amounting to US$600 billion, and potentially beyond. This was one of the topics discussed by Saudi Crown Prince and Prime Minister Mohammed bin Salman during a phone call with US President Donald J. Trump on Wednesday evening.

Cooperation to Promote Peace and Security

The two leaders also deliberated on avenues for cooperation between Saudi Arabia and the US to promote peace, security, and stability in the Middle East, in addition to enhancing bilateral cooperation to combat terrorism. They also discussed ways to deepen ties in various areas, and the Crown Prince noted the US administration’s ability to create unprecedented economic prosperity and opportunity through anticipated reforms in the United States.

Partnership and Investment Opportunities

The Crown Prince added that the Kingdom seeks to participate in these opportunities for partnership and investment. He conveyed the congratulations of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and extended his personal congratulations to the President on his inauguration as President of the United States. He also wished the American people greater progress and prosperity under the President’s leadership.

Reaffirming Commitment to Cooperation

Trump expressed his gratitude to the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince for their felicitations. He reaffirmed his commitment to working with the Kingdom on all matters that benefit the interests of both countries.

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Conclusion

The phone call between Saudi Crown Prince and Prime Minister Mohammed bin Salman and US President Donald J. Trump highlights the strong commitment of both countries to strengthening their economic and strategic ties. The Kingdom’s aim to broaden its investments and trade with the US over the next four years is a significant development that could have far-reaching implications for the global economy.

Frequently Asked Questions

Q: What is the amount of investment and trade Saudi Arabia aims to broaden with the US over the next four years?
A: Saudi Arabia aims to broaden its investments and trade with the US over the next four years, amounting to US$600 billion, and potentially beyond.

Q: What were the topics discussed during the phone call between Saudi Crown Prince and Prime Minister Mohammed bin Salman and US President Donald J. Trump?
A: The topics discussed during the phone call included avenues for cooperation between Saudi Arabia and the US to promote peace, security, and stability in the Middle East, enhancing bilateral cooperation to combat terrorism, and ways to deepen ties in various areas.

Q: What did the Crown Prince convey to the President during the phone call?
A: The Crown Prince conveyed the congratulations of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and extended his personal congratulations to the President on his inauguration as President of the United States. He also wished the American people greater progress and prosperity under the President’s leadership.

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