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The United States and Saudi Arabia have concluded agreements valued at $600 billion

14.05.2025 | 13:05 |
 The United States and Saudi Arabia have concluded agreements valued at $600 billion

U.S. President Donald Trump's Middle East tour, commencing with a state visit to Saudi Arabia, was marked by the signing of a substantial package of agreements and investment commitments totaling $600 billion. In a statement released on May 13th on the White House website, the concluded deals are described as historic and transformative for both nations, ushering in a "new golden era of partnership between the United States and Saudi Arabia." It is noted that these agreements bolster energy security and the defense industry, U.S. technological leadership, access to global infrastructure, and critical minerals.

The first section of the document, "Strengthening the Strategic Partnership for Economic Prosperity" highlights the most significant examples of the concluded deals concerning investment in construction projects and the export of goods and services. Notably, Saudi company DataVolt reportedly plans to invest $20 billion in AI data centers and energy infrastructure within the United States. Google, DataVolt, Oracle, Salesforce, AMD, and Uber have committed to investing $80 billion in advanced transformative technologies in both countries. Major export deliveries include GE Vernova gas turbines and energy solutions totaling $14.2 billion and Boeing 737-8 passenger aircraft for AviLease amounting to $4.8 billion. In the healthcare sector, Shamekh IV Solutions, LLC will invest $5.8 billion, including in a Michigan-based plant to launch a high-output intravenous solution manufacturing facility.

The United States and Saudi Arabia also signed the largest defense sale agreement in history, valued at nearly $142 billion, providing Saudi Arabia with state-of-the-art military equipment and services from over a dozen U.S. defense companies. The package includes training and support to enhance the capabilities of the Saudi armed forces, including strengthening Saudi military academies and military medical services. As noted by the White House, this "deal represents a significant investment in Saudi Arabia’s defense and regional security, built upon American systems and training".

The second part of the published statement, "Unlocking New Opportunities Through Deeper Alliances," emphasizes that the strategic partnership between the United States and Saudi Arabia has grown even stronger over the past eight decades. To underscore Saudi Arabia's position as one of the United States' largest trading partners in the Middle East, specific data on the volume of Saudi Arabia's direct investment in the United States and the dynamics of trade between the two countries are provided. The statement highlights that the United States and Saudi Arabia share a commitment to deeper economic integration, emphasizing the Kingdom's commitment to expanding cooperation in critical sectors such as healthcare, energy, and science.

An energy cooperation agreement concluded between the U.S. Department of Energy and the Ministry of Energy of the Kingdom of Saudi Arabia aims to explore the potential for innovation, development, financing, and deployment of energy infrastructure. A memorandum of cooperation in the field of mining and mineral resources between the Ministry of Industry and Mineral Resources of the Kingdom of Saudi Arabia and the U.S. Department of Energy is designed to promote economic development, diversification, and the resilience of critical mineral supply chains. The advancement of cooperation in the space sector is addressed through an agreement signed by NASA and the Saudi Space Agency. The United States and Saudi Arabia also reaffirmed their commitment to deeper cultural, educational, and scientific partnerships by signing agreements between a number of cultural institutions. Overall, the multifaceted "deepening partnership between the United States and Saudi Arabia reflects a shared vision for long-term prosperity and employment opportunities in both countries," the statement reads.

The concluding section of the White House statement emphasizes that the package of documents signed in Riyadh is a testament to President Trump's fulfillment of his promise to "make America great again by spurring investment and striking fair trade deals to accelerate American jobs and prosperity.

ORIENT

Photo: overclockers.ru

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