Trump’s Upcoming Visit to Saudi Arabia Aims for Major Economic Investment
President Trump plans to visit Saudi Arabia in mid-May for his first foreign trip of his second term, aiming to secure a $1 trillion investment agreement. This visit reflects ongoing discussions between US and Saudi officials.
United States President Donald Trump is scheduled to visit Saudi Arabia in mid-May for his inaugural foreign trip of his second term. Sources, including two US officials and a knowledgeable individual, confirmed this information, as reported by Axios. The trip aims to finalize a substantial agreement which could see Saudi Arabia invest over $1 trillion in the United States, primarily on military equipment purchases.
Earlier in March, President Trump indicated that he would likely undertake this journey within the next month and a half. Notably, his initial overseas trip during his first term in 2017 also took him to Riyadh, where he announced investments from Saudi Arabia estimated at $350 billion at that time.
The logistics of this potential visit have been under discussion recently between high-ranking US officials and their counterparts in Saudi Arabia, particularly concurrently with discussions regarding the ongoing conflict in Ukraine, according to sources familiar with the situation.
In summary, President Trump’s upcoming visit to Saudi Arabia in mid-May marks a significant endeavor to foster economic ties, with a focus on substantial investments. This trip is reminiscent of his 2017 visit, intending to reinforce military and economic collaboration between the two nations. The discussions around this trip reflect ongoing dialogues regarding international issues, including the war in Ukraine.
Original Source: en.mehrnews.com
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