The Crown Prince Mohammed bin Salman, of Saudi Arabia, agreed during a call to U.S. President Donald Trump, to increase an investment package deal to about 600 billion dollars over four years. The investment promises could be enormous by increasing investment from Saudi to the US and doing some trade and, therefore possibly a bigger pact compared to previous deals made.
At this telephone conversation, the leaders discussed cooperation in efforts to bring peace and stability to the Middle East and combat terrorism. The Crown Prince expressed eagerness to seize partnership and investment opportunities created by the new administration’s anticipated reforms, which could achieve unprecedented economic prosperity.
This pledge comes amid rapid shifts in the Middle East, where Saudi Arabia’s archrival, Iran, is weakened by the defeats of its proxy militias. The investment will strengthen regional security and economic ties between the two nations.
