US president Donald Trump announced the plans to visit Saudi Arabia within the next six weeks, aiming to grab 1trillion Dollars deal with Saudi Arabia.
Talking to the reporters at White House, Trump confirmed that Saudi Government will invest 1trillion with US companies over a four-year period.
The Investment will focus on military equipment and other investments in US businesses.
“I stated, I’ll go if you pay 1trillion dollars to American companies, and they have agreed to do that, “Trump stated.
He further highlighted the strong relationships with Saudi Arabia and described it as ” great”
He showed gratitude saying that country had been “very nice”.
Trump mentioned that during his first term, Saudi Arabia committed an impressive $450 billion to US companies.
He further pointed out that kingdom’s wealth has grown by years and his administration shared positive relationship with Saudi Arabia.
Trump Saudi visit will be a significant development in US-Saudi relations.
Moreover, Trump’s middle East envoy has confirmed that US and Ukrainian Officials meeting will be hosted by Saudi to discuss the ongoing conflict in Ukraine.
The US-Saudi Investment deal is anticipated to further foster the economic ties between two countries, with a focus on Defense and military equipment sectors.