The agency explained that Prince Muhammad bin Salman said in a phone call with Trump yesterday, Wednesday, that the expected economic reforms from the new Washington administration may lead to “unprecedented economic prosperity.”
The source pointed out that Saudi Arabia seeks to take advantage of the opportunities available in the areas of partnership and investment, but it has not clarified the source of investments amounting to 600 billion dollars, or whether it will be distributed between the public and private sectors, or how to allocate them.
The agency quoted Prince Mohammed bin Salman, “The Kingdom’s desire to expand its investments and commercial relations with the United States in the next four years, with an amount of $ 600 billion, is a candidate to rise if additional opportunities were available.”
The agency added: “For his part, His Excellency the American President expressed his thanks and appreciation to the Custodian of the Two Holy Mosques and His Highness the Crown Prince for congratulating them, stressing his Excellency his keenness to work with the leadership of the Kingdom of Saudi Arabia for everything that would serve their common interests.”
During his first term, Trump enhanced his close relationship with the Gulf states, including Saudi Arabia. The Kingdom has invested two billion dollars in a company founded by Jared Kushner, Trump’s son -in -law and his former assistant, after Trump left the White House, according to Reuters.
On the first day of his inauguration as president, Trump indicated that he may choose the Kingdom as a first destination for his external visit if Riyadh agrees to buy US products worth $ 500 billion, similar to what happened in his first term, according to the American CNN network.
“I did this with Saudi Arabia the previous time, because they agreed to buy US products worth $ 450 billion. I told them: I will implement that, but you have to buy American products, and they agreed to that,” he said.
TRT Arabic – Agencies
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