KABUL: During his visit to the U.S., Crown Prince Mohammed bin Salman of Saudi Arabia signed agreements valued at $270 billion with President Donald Trump, Reuters reported this morning.
According to the news agency, the Crown Prince and the U.S. President unveiled the multi-billion-dollar deals during a U.S.-Saudi business meeting.
Over six months ago, when Donald Trump visited Saudi Arabia, bin Salman committed to a $600 billion investment in the U.S. However, yesterday at the White House, alongside Trump, he pledged to increase this investment to $1 trillion between Riyadh and Washington.
Nevertheless, Trump appears not fully satisfied, as he turned to bin Salman during the current U.S.-Saudi business meeting and asked, “Can you raise that to $1.5 trillion?”
As part of the new agreements between the Saudi and U.S. leaders, Riyadh is set to purchase 600,000 artificial intelligence memory chips from Washington.
In addition to the trade and economic sectors, it’s expected that 300 tanks and military aircraft made in the U.S. will also be delivered to Saudi Arabia.
During the U.S.-Saudi business meeting, Trump promised that F-35 fighter jets would soon be delivered to Riyadh.