المملكة: The Crown Prince’s call with Trump: confirmation of the strategy of relations and their advancement
The call made by His Highness the Crown Prince, may God protect him, with His Excellency the American President two days after his inauguration as President of the United States reflects the Kingdom’s position with the new American leadership and its appreciation of the centrality of Saudi Arabia’s role in the region and the world.
His Highness the Crown Prince’s call with Trump
The Kingdom of Saudi Arabia and the United States of America have been linked by strategic alliance relations for 8 decades, based on mutual respect, common interests, and equality in dealing as allies and friends.
The call of His Highness the Crown Prince, may God protect him, with His Excellency President Donald Trump confirms the strategy of this relationship and the will of the two leaderships to advance it for the good and interest of the two friendly countries and peoples.
The call of His Highness the Crown Prince, may God protect him, with His Excellency President Trump to discuss ways of cooperation between the Kingdom and the United States of America to bring peace, security and stability to the Middle East region, in addition to strengthening bilateral cooperation to combat terrorism, confirms the importance of bilateral work between the two countries in enhancing international peace and security.
Saudi investments in America
His Highness the Crown Prince’s announcement of the Kingdom’s desire to expand its investments and trade relations in the United States over the next four years to $600 billion comes based on the Kingdom’s conviction in the ability of President Trump’s administration to create unprecedented economic prosperity, and the Kingdom seeks to benefit from its available opportunities for partnership and investment.
The investments that the Kingdom plans to expand within the United States of America come as a continuation of the economic and trade partnerships that the Kingdom began since President Trump’s first presidential term.
It included many opportunities in promising sectors, because of their direct repercussions in transferring and localizing technology, creating job opportunities, and benefiting from the development leap witnessed by the Kingdom as the fastest growing economy among the G20 countries.
Expanding Saudi-American investments
The announcement of His Highness the Crown Prince, may God protect him, about the Kingdom’s desire to expand its investments and commercial relations in the United States of America coincides with the announcement of the SoftBank Fund, in which the Kingdom owns shares, of its intention to allocate $500 billion in investments in artificial intelligence.
During the next four years, the Kingdom and the United States await many benefits in important areas of joint cooperation agreed upon in advance.
At the forefront are (military industries, space exploration, developing the uses of artificial intelligence, developing nuclear energy…) and others. This is expected to take place in light of billions of dollars in joint bilateral investments between the private sectors in both countries in order to achieve the common interests of both sides.
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