Did the US and Saudi Arabia sign new deals?
Asked 2 hours ago
Answer
The US and Saudi Arabia announce major new deals during Crown Prince Mohammed bin Salman's visit, including up to $1 trillion in Saudi investment, a potential sale of F-35 fighter jets, and expanded cooperation in technology and defense. The US also designates Saudi Arabia as a major non-NATO ally, though some agreements are pending finalization.
Now Playing
U.S. names Saudi Arabia a major non-NATO ally during MBS visit
- President Trump announces Saudi Arabia's formal designation as a major non-NATO ally, expanding military cooperation. 21s
- Saudi Arabia pledges up to $1 trillion in U.S. investments, including $142 billion for F-35 fighter jets. 49s
- The proposed F-35 sale to Saudi Arabia faces opposition from Israel, which is guaranteed a military edge by U.S. law. 1m 18s
- President Trump expresses desire for Saudi Arabia to join the Abraham Accords, but Saudi officials insist on a two-state solution first. 1m 56s
- Further discussions to strengthen U.S.-Saudi ties are expected at an upcoming investment forum in Washington. 2m 24s
References
President Trump announced the formal designation of Saudi Arabia as a major non-NATO ally, expanding military cooperation. Saudi Arabia pledged to invest up to $1 trillion in the US, including $142 billion for F-35 fighter jets.
Trump and bin Salman announced Saudi Arabia's planned investment in the US will increase from $600 billion to nearly $1 trillion. Discussions included a potential defense agreement and the sale of F-35 fighter jets, with expanded cooperation in artificial intelligence and technology.
The leaders discussed security ties, civil nuclear cooperation, and multi-billion-dollar business deals. Trump announced Saudi Arabia would invest $600 billion in the US, with bin Salman pledging to increase that to $1 trillion. Trump also announced the US would sell F-35 stealth fighter jets to Saudi Arabia.
Saudi Arabia is backing a consortium organized by Jared Kushner to buy Electronic Arts, with funding from the Saudi Public Investment Fund, representing a $55 billion deal and a notable expansion of Saudi investment into the US entertainment sector.