US signs $142bn arms deal: with Saudi Arabia ( Breaking News )

US signs $142bn arms deal with Saudi Arabia

Now to the Middle East because the United States and Saudi Arabia have signed a 100 and 42 billion dollars arms deal on the first day of President trump’s tour of the Middle East, his first major trip since he returned to the White House, the President and the Saudi Crown Prince signed an economic partnership between their two countries. The US will provide warfighting equipment to Saudi Arabia, who will in turn invest 20 billion dollars in artificial intelligence. In the US. Donald Trump is hoping to secure trade deals worth more than a trillion dollars during his four-day trip, which also includes stops Inqatar and the United Arab Emirates. Well, our chief international correspond at least to set is in Riad Forest. Us.

US signs $142bn arms deal with Saudi Arabia | Abii Tak News

  • Now to the Middle East because the United States and Saudi Arabia have signed a 100 and 42 billion dollars arms deal on the first day of President trump’s tour of the Middle East, his first major trip since he returned to the White House, the President and the Saudi Crown Prince signed an economic partnership between their two countries. The US will provide warfighting equipment to Saudi Arabia, who will in turn invest 20 billion dollars in artificial intelligence. In the US. Donald Trump is hoping to secure trade deals worth more than a trillion dollars during his four-day trip, which also includes stops Inqatar and the United Arab Emirates. Well, our chief international correspond at least to set is in Riad Forest. Us.
  • Well so far on this first stop on President trump’s first official for and visit, there’s been a lot of pomp in ceremony, and as we’ve just been seen a lot of signing of those deals. Dealmaking is one of the priorities for President Trump. On this visit there said to be many billions of investment of Saudi money in the United States and sectors ranging from aerospace to artificial intelligence to energy, and Saudi Arabia wants to get something too out of the United States access to its markets advanced to technology. But of course, there’s also great symbolism in this visits a second time that Riyadh has been chosen for President trump’s first stop. So how much does it matter to the Kingdom? We’re joined here by Ali Shahab, who is a Saudi political analyst. Thank you for joining us. Ali Shahab.
    Twice being chosen for the honor of the first visit? How much Does that matter to the Kingdom it Matters? Symbolism is important.
  • You packaging is important, important and the US relationship is very important for the Kingdom. So the fact that the US President chooses it the Kingdom as his first stop twice is historic really and I think it shows the depth of the relationship that exists with America and also with President Trump. It’s a very close relationship between the Crown Prince and the President and the relationship between the Kingdom and America had gotten very close towards the end of the Biden administration and it continued obviously into the Trump administration given that it had been very good with the Trump administration in round one, so to speak. So what you’re seeing now really is a manifestation of the strength of that relationship and an indicator of the number of issues that are being worked on.
  • In terms of security, in terms of economics, in terms of technology, and in terms of regional politics, wouldnt it be too cynical to say that it’s all about money? It came after the Crown Prince Bomit bin Salman made it clear that the kingdom was willing to invest 600 billion dollars in the US economy. And now that seems, as President Trump says, it’s gone up to a trillion. Well. I mean those are symbolic figures more than symbolic. Well, they are symbolic because they are an accumulation of investments that have been planned for a while and are planned in the future. But there are also joint ventures and there’s an element of joint venture investment in the kingdom. The kingdom is investing really in industries in America where it can have technology transfer where it can encourage those companies to come into the kingdom and operate where it can encourage them to offshore into the kingdom. So it’s really very interconnected. It’s not pure.
  • Sort of portfolio investment or pure investment in America that has nothing to do with the kingdom’s economy. What are the high value items that are at the top of the crime? Francis List. We’ve heard that they want access to sensitive technology, that current American rules don’t allow the Kingdom access. AI, there’s a desire to have access sense of technology and we’re getting good indications from the Americans that that will be allowed. Obviously there’s nuclear technology, which again are progressing very well. Nothing was signed so far, but negotiations are ongoing and probably something will be signed towards the end of the year. Military support. Access to the latest in weaponry in America. There was a hiatus in the early days of the Biden administration, so there’s a bit of a catchup there to replenish the stocks of the Saudi military and and the Trump administration has been very supportive of that. How much is the regional situation? How much does that matter to Saudi leaders? Will Mohammed bin Salman take this opportunity to press President Trump to do more well? He has been, he has been, i mean, he will take it personally and Saudi officials have been pressing the American administration. You know, on opening up Gaza to aid on taking off sanctions from Syria.
  • Saj is also watching with interest the nuclear negotiations. Unlike the Obama administration, this administration has kept Saudi Arabia in the loop and briefed them on how the negotiations are going. Interestingly, the Iranians are doing the same and also briefefing Saudi Arabia. So it’s a totally different environment now from the time of the JCPOA which was pulled as a surprise really on the countries of the Gulf.
  • So regional politics are extremely important. America is a hedgemon in the region and we want to retain. President Trump has a tendency sometimes to get excited about things and then move on to the next subject. And I think we want to keep him excited about the region, keep him involved, and the fact that he came here is a reassurance that he is interested in the region. Start contest of the days when President Biden, many other world leaders talked about the Saudi Kingdom as a pariah state after the murder of the Saudi journalist Jamal Kshoji. Yes, well. I think President Biden ended up eating up those words when he came to the kingdom two years after saying that so thats you would have raised it. The issue though well, he may have raised the issue, but I mean he end up. He ended up eat taking those words frankly, and the relationship ended up getting much better towards the end of his term. abii tak
  • Aishbi thank you very much joining us here in rehab, a measure of the changing times and it is a time where it is these wealthiest. Most ambitious Gulf states Saudi Arabia. Qatar. United Arab Emirates want to be sitting at the top table and want to be sitting next to President Trump.

 

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