$1 trillion Saudi investment in US, F-35 sale to Riyadh as Trump, MBS announce major strategic deals

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President Trump also approved a major defence sale package, “including future F-35 deliveries, which strengthens the US defence industrial base and ensures Saudi Arabia continues to buy American. The President secured an agreement for Saudi Arabia to purchase nearly 300 American tanks, enabling Saudi Arabia to build up its own defence capabilities and safeguarding hundreds of American jobs,” the White House said in a statement.

Crown Prince Salman’s announcement of USD 1 trillion in the United States marks a sharp rise from the USD 600 billion pledge made during President Donald Trump’s visit to Riyadh earlier this year, as per the White House.

A key outcome of the meetings was the Joint Declaration on Civil Nuclear Energy Cooperation, which lays the foundation for a decade