President Donald J. Trump announced a landmark USD600 billion investment commitment from Saudi Arabia during his state visit to Riyadh, marking a new era of economic partnership between the two nations.

 

The announcement, detailed in a White House fact sheet titled "President Donald J. Trump Secures Historic USD600 Billion Investment Commitment in Saudi Arabia," underscores the deepening strategic alliance forged during the Saudi-U.S. Investment Forum at the King Abdulaziz International Conference Center. The deals, celebrated as the largest set of commercial agreements in the history of U.S.-Saudi relations, aim to bolster energy security, defense, technology, and infrastructure while creating high-quality jobs across the United States.

 

A Transformative Economic Partnership

 

The USD600 billion package, finalized during Trump’s visit, builds on nearly eight decades of U.S.-Saudi collaboration, dating back to the 1945 meeting between King Abdulaziz Al Saud and President Franklin D. Roosevelt aboard the USS Quincy. The White House highlighted that the agreements, secured in just four months, reflect President Trump’s America First Trade and Investment Policy, prioritizing American workers, national security, and economic dominance. “The deals celebrated today are historic and transformative for both countries and represent a new golden era of partnership,” the White House stated.