• Mou Mou
• 23 Jan, 2025

Saudi Arabia has announced its ambitious plan to increase trade and investment in the United States to 600 billion Dollar over the next four years. Crown Prince Mohammed bin Salman shared this vision with US President Donald Trump during a phone call on Wednesday, as reported by the Saudi Press Agency (SPA).

Expanding US-Saudi Investments

During the conversation the Crown Prince emphasised the Kingdom's interest in participating in new opportunities in the US under Trump's economic reforms. These investments aim to boost cooperation between the two nations and open doors for significant economic partnerships.

While no specific details about the planned investments were provided, the announcement reflects Saudi Arabia's commitment to strengthening economic ties with the US building on past agreements.

Focus on Peace and Security

The discussion also touched on fostering peace, security and stability in the Middle East. Both leaders highlighted the importance of working together to combat terrorism and promote regional harmony.

A History of Collaboration

In 2017 during Trump’s first term Saudi Arabia and the US signed investment deals worth 400 billion Dollar including agreements to co-produce military equipment. The Crown Prince previously noted that such initiatives benefit both countries by creating jobs and supporting economic growth.

Shared Goals and Continued Partnership

Prince Mohammed and King Salman congratulated Trump on his return to the Oval Office wishing the American people success and prosperity. Trump expressed gratitude and reaffirmed his commitment to working closely with Saudi Arabia to advance their shared interests.

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Memorable Moments of Friendship

The relationship between the two nations has seen strong personal connections. In 2017 Trump visited Saudi Arabia as his first international trip as president, where he attended several events with King Salman and the Crown Prince. Notably the King awarded Trump the Collar of Abdulaziz Al Saud, the Kingdom’s highest civilian honour, during a state dinner.

This renewed commitment to economic collaboration and mutual goals reflects the growing partnership between the US and Saudi Arabia. The 600 billion Dollar investment plan aims to drive growth, innovation and stability for both nations, further strengthening their ties.