date
views 66

Historic agreements between the United States and Saudi Arabia: a $ 600 billion agreement was signed

Historic agreements between the United States and Saudi Arabia: a $ 600 billion agreement was signed
On May 13, the largest economic and investment agreements in the history of the two countries were signed between the United States and Saudi Arabia in the capital of Saudi Arabia, Riyadh. US President Donald Trump and Saudi Crown Prince Mohammed bin Salman personally attended this historic event.

The total value of the agreements between the two countries exceeds $ 600 billion, which is the highest figure in the history of cooperation between the two countries. The main goal of the agreements is to strengthen bilateral strategic cooperation, increase the pace of economic development and implement long-term investment projects.

It is noted that the major Saudi technology company DataVolt will invest about $ 20 billion in the development of data centers and energy infrastructure in the United States. This will take technological cooperation between the countries to a new level.

In turn, the US GE Vernova Corporation has committed to supplying gas turbines and other modern energy equipment worth a total of $ 14.2 billion to Saudi Arabia. This will help modernize Saudi Arabia's energy sector, increase production capacity, and further strengthen the country's economy.

According to the White House, these agreements will further strengthen the strategic relationship between the United States and Saudi Arabia and contribute to ensuring stability in the region.

It also became known that Donald Trump plans to conclude new agreements with the countries of the Persian Gulf with a total value of about $ 1 trillion. The US president's tour of the region continues: on May 14, he is scheduled to visit Qatar and on May 15, he will visit the United Arab Emirates.

This trip is Trump's first major international trip in his second term, and is aimed at further expanding the economic and strategic partnership of the United States with the Persian Gulf countries.
Ctrl
Enter
Did you find a Mistake?
Highlight the phrase and press Ctrl+Enter
Related News
News » World » Historic agreements between the United States and Saudi Arabia: a $ 600 billion agreement was signed