Saudi Arabia’s crown prince wants to invest $600 billion in the US

by Andrea
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The crown prince and de facto ruler of the oil-rich country also spoke on the phone with US Secretary of State Marco Rubio on Thursday.

Saudi Arabia wants to invest $600 billion in the United States over the next four years. According to the media, Saudi Arabian Crown Prince Muhammad bin Salman said this in a telephone conversation with US President Donald Trump, reports the AP agency.

“The crown prince confirmed the kingdom’s intention to expand its investment and trade with the United States over the next four years to $600 billion and potentially more,” the Saudi state news agency reported.

Phone call with Rubio

The White House has not yet commented on the report. The crown prince and de facto ruler of the oil-rich country also spoke on the phone with US Secretary of State Marco Rubio on Thursday.

According to Rubio’s spokesman, they discussed Syria, Lebanon, Gaza and the threats posed by Iran and its allies, AFP reports. “They also talked about the benefits of the American-Saudi Arabian economic partnership and the possibilities of their economic growth in various areas, including artificial intelligence,” the spokesman added.

In 2017, Trump’s first foreign trip was to Saudi Arabia. After Monday’s inauguration, the veteran US president is toying with the idea of ​​visiting the kingdom again. “The first foreign trip is usually to Britain, but … The last trip I took was to Saudi Arabia because they agreed to buy $450 billion worth of our products,” Trump told reporters in the Oval Office. He added that if Riyadh was going to make a similar purchase, so he would probably visit it again.

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