Trump hinted at greater ambitions at the World Economic Forum, seeking to raise the investment target to $1 trillion, describing it as a natural extension of a robust partnership.
The $600 billion pledge includes government-led procurement and private-sector investment in defense, energy, infrastructure, and technology, according to Saudi Arabia's Economy Minister Faisal Alibrahim.
In 2017, the countries signed investment agreements worth about $400 billion, with the crown prince aiming to manufacture armaments in Saudi Arabia, creating jobs in both countries.
The Saudi-U.S. alliance has been crucial in dealing with global crises, with Princess Reema highlighting the partnership's importance in addressing pressing challenges like conflicts in Ukraine and Gaza.
The partnership with the United States is essential to success, with Saudi Arabia playing a critical role in addressing global challenges, from stability in Syria to Sudan's issues, Princess Reema stated.
Source: https://www.arabnews.com/node/2600507/saudi-arabia