Saudi Crown Prince Mohammed bin Salman has conveyed Saudi Arabia’s intention to invest $600 billion in expanded trade and investment with the United States over the next four years, according to the Saudi State news agency.
During a phone conversation with former US President Donald Trump, the Crown Prince highlighted the kingdom’s optimism about the Trump administration’s potential reforms, which he described as having the ability to foster “unprecedented economic prosperity.”
While details about the funding sources—whether public or private—and specific deployment plans for the $600 billion were not disclosed, the Crown Prince suggested that the figure “could increase further if additional opportunities arise.”
Trump, known for cultivating close ties with Gulf states during his presidency, reiterated the importance of economic partnerships. He expressed openness to making Saudi Arabia his first foreign visit in a potential future term, contingent on the kingdom agreeing to purchase $500 billion worth of American goods.
Trump referenced a similar deal in 2017 during his presidency, where Saudi Arabia agreed to purchase $450 billion worth of American products, a move that solidified economic and diplomatic ties between the two nations.
The Crown Prince’s announcement underscores the strategic economic relationship between Saudi Arabia and the US, with the Gulf kingdom aiming to capitalize on economic reforms and trade opportunities to strengthen ties further.
