Trump receives $600 billion investment commitment from Saudi Arabia

PANews|May 13, 2025 15:53
US President Trump received a $600 billion investment commitment from Saudi Arabia on Tuesday, and signed an agreement in Riyadh on energy, defense, mining, and other areas. According to a White House briefing, the United States has agreed to sell nearly $142 billion worth of weapons to Saudi Arabia, calling it the "largest defense cooperation agreement" ever reached by Washington. The agreement covers transactions with over ten US defense companies in areas such as air and missile defense, air force and space development, maritime security, and communications.
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