Washington D.C. – The White House has announced a series of agreements between the United States and Saudi Arabia, solidifying the strategic partnership between the two nations. The agreements, reached between President Trump and Crown Prince Mohammed bin Salman, are expected to create high-paying jobs, strengthen critical supply chains, and bolster regional stability.
Following a meeting between President Trump and Crown Prince Mohammed bin Salman in Washington, the White House released a statement detailing the scope of the enhanced economic and defense cooperation.
A key component of the agreement is a joint statement finalizing negotiations on civilian nuclear energy cooperation. This lays the legal groundwork for a multi-billion dollar, long-term civilian nuclear partnership. The United States will be a partner with Saudi Arabia in civilian nuclear cooperation.
The two nations also signed a framework agreement to deepen cooperation on rare earth minerals and coordinate national strategies to diversify supply chains. This is a critical step in securing access to vital resources.
Furthermore, a memorandum of understanding was signed concerning Artificial Intelligence. The White House stated this initiative will protect American technology from foreign influence while providing Saudi Arabia with access to US systems.
According to the White House statement, President Trump and Crown Prince Mohammed bin Salman formalized a Strategic Defense Agreement. President Trump also approved a major defense package, including the future delivery of F-35 fighter jets. An agreement was reached for Saudi Arabia to purchase approximately 300 American tanks.
Both nations agreed to increase communication in the coming weeks on trade issues of mutual interest, such as reducing non-tariff barriers, recognizing standards, and improving the investment environment.
The US Treasury Department and the Saudi Ministry of Finance signed agreements to strengthen cooperation in capital markets technologies, standards, and regulations, in addition to deepening partnerships within international financial institutions.
The bilateral meeting between President Trump and Crown Prince Mohammed bin Salman took place during the Crown Prince’s three-day visit to the United States.
