Saudi Arabia plans $600 billion in new US investment, trade over four years ...Middle East

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In a phone call between the two leaders, the crown prince said the Trump administration’s expected reforms could create “unprecedented economic prosperity”, the state news agency reported.

The investment “could increase further if additional opportunities arise”, the agency quoted Bin Salman as telling Trump.

Trump said following his inauguration on Monday that he would consider making Saudi Arabia his first destination for a foreign visit if Riyadh agreed to buy $500 billion worth of American products, similar to what he did in his first term.

“I did it with Saudi Arabia last time because they agreed to buy $450 billion worth of our product. I said I’ll do it but you have to buy American product, and they agreed to do that,“ Trump said, referring to his 2017 visit to the Gulf kingdom.

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