SAUDI ARABIA

Saudi Crown Prince announces $600bn investment plan to strengthen economic partnership with the US

Mohammed bin Salman and Trump discuss ties, Middle East stability

January 23, 2025

Saudi Gazette report

RIYADH —
Crown Prince and Prime Minister Prince Mohammed bin Salman held a phone call on Thursday with President Donald J. Trump of the United States to discuss key areas of cooperation and mutual interests between the two nations.



During the conversation, the Crown Prince conveyed congratulations on behalf of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and himself on President Trump’s inauguration.



He expressed his best wishes for continued progress and prosperity for the American people under President Trump’s leadership.



The two leaders discussed efforts to promote peace, security, and stability in the Middle East, emphasizing the importance of strengthening bilateral cooperation to combat terrorism.



They also explored ways to enhance ties across various fields, including trade and investment.



The Crown Prince praised the US administration’s anticipated economic reforms, which he described as creating unprecedented opportunities for prosperity.



He noted the Kingdom’s eagerness to participate in these opportunities through partnerships and investment initiatives.



The Crown Prince affirmed the Kingdom’s intention to broaden its trade and investment relations with the United States, with a commitment of $600 billion over the next four years and the potential for further expansion.



President Trump expressed his gratitude to King Salman and the Crown Prince for their congratulations and reaffirmed his commitment to strengthening the strategic partnership between the two countries.

He emphasized his keenness to work with Saudi Arabia on initiatives that benefit the shared interests of both nations.


January 23, 2025
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