- By: Maj Aamir Zia (R)
Donald Trump’s inaugural Middle East tour, following his second presidential term, holds profound significance. Amidst the devastating Gaza crisis and escalating tensions between Arab neighbors, including Lebanon, Syria, Jordan, and Saudi Arabia, Trump’s diplomatic endeavors take center stage. The tour, which includes stops in Qatar and the UAE, presents an opportunity for substantial Saudi investment, with a promised $1 trillion infusion, although Trump is likely seeking further guarantees.
MBS and US President Donald Trump signed the Strategic Economic Partnership Document between both countries, a defense along with an agreement with NASA. US direct investments reached approximately $15.3 billion in 2024, with 28 factories owned by American investors in partnership with Saudi investors. Additionally, there are US investments of $78 billion investment in Sadara Chemical Company in Jubail, a $22.5 billion investment in the Saudi Polymers Company, and a $19.6 billion investment in the Jubail.
The volume of trade between Saudi Arabia and the United States reached $32 billion in 2024, with Saudi Arabia exporting goods and products worth $13 billion to the US, and importing goods worth $19 billion. The visit is quite significant and shall have far reaching impact in the region and beyond.