- Trump says the Saudis have become richer since his first mandate.
- “I have an excellent relationship with them,” said the American president.
- KSA played a more important role in the United States foreign policy.
US President Donald Trump said Thursday that he would probably make his first trip abroad to Saudi Arabia to seal an agreement for Riyadh to invest more than $ 1 Billion in the American economy, including purchasing military equipment.
Speaking to journalists from the oval office, Trump said he would probably travel there and a half months. He noted that the first trip abroad of his first mandate was to Riyadh in 2017 to announce that Saudi investments then estimated $ 350 billion.
“This time, they have become richer, we have all aged,” said Trump. He said that at his request, the Saudis were ready to invest $ 1 Billion over four years in American companies, including purchases of American military equipment.
“And they agreed to do it, so I’m going to go, and I have an excellent relationship with them, and they were very nice,” said Trump.
Saudi Arabia has played a more important role in the United States’s foreign policy. Trump’s special envoy Steve Witkoff told journalists that the Saudis would organize an American meeting in Ukraine next week to discuss a ceasefire in the Ukraine War.
In February, Trump met PGA Tour and Saudi golf officials from Liv to resolve a gap between the two.
Jared Kushner, the President’s son-in-law and the Middle East advisor during his first mandate, launched a investment capital company which received 2 billion dollars in Saudi investment after Trump left his duties.
Trump has also recently chaired a series of advertisements on companies that are massively investing in the American economy, including the manufacture of Taiwan and Apple semiconductors.