Saudi Arabia to invest $600B in US trade, investment over next 4 years

Saudi Crown Prince Mohammed bin Salman informed U.S. President Donald Trump that Saudi Arabia plans to invest $600 billion into expanding trade and investment with the United States over the next four years.

This statement was made during a phone call between the two leaders. The Saudi Arabian State news agency reported that the Crown Prince expressed that the reforms expected under the Trump administration could lead to “unprecedented economic prosperity.”

Why it matters

The $600 billion investment would significantly strengthen the economic relationship between Saudi Arabia and the U.S. This is part of Saudi Arabia’s broader strategy to diversify its economy under its Vision 2030 plan, moving away from a dependence on oil.

Moreover, this initiative underscores the kingdom’s interest in deepening its global economic ties with key partners like the U.S., which plays a crucial role in global markets.

Details

• Saudi Arabia plans to invest $600 billion in the U.S. over the next four years.
• The Crown Prince’s investment initiative aims to capitalize on expected economic reforms by the Trump administration.
• Details on whether the $600 billion will come from public or private funds and how the funds will be deployed have not been disclosed.
• The Crown Prince suggested that the investment could grow if further opportunities arise.
• The Saudi-U.S. relationship has remained strong, with Trump maintaining close ties with Gulf states, including Saudi Arabia.

This planned investment forms part of Saudi Arabia’s larger economic diversification effort under its Vision 2030. The country is seeking to reduce its dependence on oil exports and invest in new sectors, such as technology, infrastructure, and renewable energy.

The U.S.-Saudi relationship has also been marked by several major investment deals, including a $2 billion investment in a firm linked to Trump’s son-in-law, Jared Kushner.