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You are at:Home » Trump signs 'strategic economic partnership' with Saudi Arabia
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Trump signs 'strategic economic partnership' with Saudi Arabia

Press RoomBy Press RoomMay 13, 2025No Comments1 Min Read
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Trump signs 'strategic economic partnership' with Saudi Arabia
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President Donald Trump on Tuesday signed a “strategic economic partnership” alongside Saudi Arabia’s Crown Prince Mohammed bin Salman.

The partnership included a series of deals on energy, defense, mining and space-based agreements that amount to $600 billion, and “could” help create up to 2 million U.S. jobs, said President Donald Trump on Tuesday. 

Roughly a dozen memorandums of understanding and letters of intent were agreed to under the new partnership. 

TRUMP TARGETS MASSIVE INVESTMENTS IN FIRST MIDDLE EAST TRIP

Several of the agreements tracked with previously stated ambitions by both Washington and Riyadh, particularly when it comes to defensive deals. 

While the details of the agreements remain unclear, there were deals included that had not been previously flagged ahead of the president’s visit to the Middle East, like the “cooperation agreement” between Saudia Arabia and the Smithsonian Institute National Museum of Asian Arts as well as an agreement established with the Smithsonian Institute National Zoo and Conservation Biology.

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The socialist experiment comes to NYC: Mamdani’s vision for a more affordable city Business

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The hidden reason New Yorkers voted for a socialist — and it’s not what you think

The hidden reason New Yorkers voted for a socialist — and it’s not what you think

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