US EditionTrump and Saudi Arabia announce $600 billion investment deal, including $142 billion in defense
- On Tuesday, Saudi Arabia and the U.S. Announced a $600 billion investment deal including a $142 billion defense sales agreement in Riyadh.
- The agreement follows Saudi efforts to diversify its economy and modernize military capabilities amid regional threats and past attacks.
- The defense package covers advanced weaponry, training, and support to enhance Saudi air, missile, and naval defenses, involving multiple U.S. Firms.
- The White House described the agreement as the biggest defense sale ever, highlighting that it bolsters the U.S. Defense sector, deepens the strategic alliance with Saudi Arabia, and supports regional stability.
- The deal reinforces U.S.-Saudi ties and aims to improve Saudi military self-reliance, but its success depends on Congressional approval and effective implementation.
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Trump says US to lift Syria sanctions, secures $600 billion Saudi deal - Hawaii Tribune-Herald
RIYADH — President Donald Trump kicked off his trip to the Gulf on Tuesday with a surprise announcement that the United States will lift long-standing sanctions on Syria, and a $600 billion commitment from Saudi Arabia to invest in the U.S.
Pres. Trump to lift sanctions on Syria, announces $600B U.S.-Saudi investment deal
President Donald Trump arrived in Saudi Arabia on Tuesday to begin an official visit to the Middle East, and revealed plans to lift U.S. sanctions on Syria, explaining that the move is meant to give the embattled nation “an opportunity to achieve greatness.” The decision comes as the Trump administration intensifies efforts to build closer diplomatic relationships with Saudi Arabia and its regional partners. Crown Prince Mohammed bin Salman, wi…
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