Saudi Arabia plans to invest $600 billion in the United States over the next four years, with trade and investments potentially exceeding that amount, according to Saudi Crown Prince Mohammed bin Salman.
Saudi official news agency reports: His Royal Highness the Crown Prince affirmed the Kingdom’s intention to broaden its investments and trade with the United States over the next four years, amounting to $600 billion, and possibly beyond that.
His Royal Highness Prince Mohammed bin Salman, Crown Prince and Prime Minister, held a phone call this evening with President Donald J. Trump of the United States of America.
During the call, His Royal Highness the Crown Prince conveyed the congratulations of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and his own congratulations to the President on the occasion of his inauguration as President of the United States, wishing the friendly American people further progress and prosperity under the President’s leadership.
The two leaders discussed ways to cooperate between the Kingdom of Saudi Arabia and the United States of America to promote peace, security, and stability in the Middle East, in addition to enhancing bilateral cooperation in combating terrorism.
The leaders also discussed ways to strengthen bilateral ties in various areas. His Royal Highness the Crown Prince highlighted the U.S. administration’s ability to create unprecedented economic prosperity and opportunity through anticipated reforms, and emphasized that the Kingdom seeks to participate in these opportunities for partnership and investment.
His Royal Highness the Crown Prince reiterated the Kingdom’s intention to broaden its investments and trade with the United States over the next four years, amounting to $600 billion, with potential for even greater involvement.
The President expressed his appreciation and thanks to the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince for their congratulations, affirming his eagerness to work with the Kingdom on matters that benefit the interests of both countries.
— Courtesy SPA