President Trump Participates in a Signing Ceremony and an Exchange of Agreements
May 13, 2025
President Trump Visits Saudi Arabia: “My Job is to Defend America”
Fact Sheet: President Donald J. Trump Secures
Historic $600 Billion Investment Commitment in Saudi Arabia
May 13, 2025
STRENGTHENING
STRATEGIC PARTNERSHIPS FOR ECONOMIC PROSPERITY:
Today in Saudi Arabia, President Donald J. Trump announced Saudi Arabia’s
$600-billion commitment to invest in the United States, building economic ties
that will endure for generations to come. The first deals under the
announcement strengthen our energy security, defense industry, technology
leadership, and access to global infrastructure and critical minerals.
The deals celebrated today are
historic and transformative for both countries and represent a new golden
era of partnership between the United States and Saudi Arabia.
From day one, President Trump’s
America First Trade and Investment Policy has put the American economy,
the American worker, and our national security first.
The following represent just a
few of the many transformative deals secured in Saudi Arabia:
Saudi Arabian DataVolt is
moving forward with plans to invest $20 billion in AI data centers and
energy infrastructure in the United States.
Google, DataVolt, Oracle,
Salesforce, AMD, and Uber are committing to invest $80 billion in
cutting-edge transformative technologies in both countries.
Iconic American companies
including Hill International, Jacobs, Parsons, and AECOM are building key
infrastructure projects like King Salman International Airport, King
Salman Park, The Vault, Qiddiya City, and much more totaling $2 billion
in U.S. services exports.
Additional major exports
include GE Vernova’s gas turbines and energy solutions totaling $14.2
billion and Boeing 737-8 passenger aircraft for AviLease totaling $4.8
billion.
In the healthcare sector,
Shamekh IV Solutions, LLC will be investing $5.8 billion, including a
plant in Michigan to launch a high-capacity IV fluid facility.
Investment partnerships include
several sector-specific funds with a strong emphasis on U.S.
deployment—such as the $5 billion Energy Investment Fund, the $5 billion
New Era Aerospace and Defense Technology Fund, and the $4 billion Enfield
Sports Global Sports Fund—each channeling substantial capital into
American industries, driving innovation, and creating high-quality jobs
across the United States.
Underscoring our commitment to
strengthening our defense and security partnership, the United States and
Saudi Arabia signed the largest defense sales agreement in history—nearly
$142 billion, providing Saudi Arabia with state-of-the-art warfighting
equipment and services from over a dozen U.S. defense firms.
The sales that we intend to
complete fall into five broad categories: (1) air force advancement and
space capabilities, (2) air and missile defense, (3) maritime and coastal
security, (4) border security and land forces modernization, and (5)
information and communication systems upgrades.
The package also includes
extensive training and support to build the capacity of the Saudi armed
forces, including enhancement of Saudi service academies and military
medical services.
This deal represents a
significant investment in Saudi Arabia’s defense and regional security,
built on American systems and training.
The United States and Saudi
Arabia celebrate these and many other deals today as a result of the
growing momentum of the last four months. The total package has quickly
built to more than $600 billion–the largest set of commercial agreements
on record between the two countries.
UNLOCKING
NEW OPPORTUNITIES THROUGH DEEPER ALLIANCES: The strategic partnership between the
United States and Saudi Arabia has grown increasingly robust over the past
eight decades since the meeting between King Abdulaziz Al Saud and President
Franklin D. Roosevelt on board the USS Quincy, the 80th anniversary of which
was celebrated earlier this year.
Saudi Arabia is one of the
United States’ largest trading partners in the Middle East.
Saudi direct investment in the
United States totaled $9.5 billion in 2023, focused on the
transportation, real estate, and automotive sectors.
In 2024, U.S.-Saudi Arabia
goods trade totaled $25.9 billion, with U.S. exports at $13.2 billion,
imports at $12.7 billion, and a trade surplus in goods of $443
million.
The United States and Saudi
Arabia share a commitment to deeper economic integration, underscoring the
Kingdom’s pledge of expanding cooperation in critical sectors such as
health, energy, and science.
The U.S. Department of Energy
and the Ministry of Energy of the Kingdom of Saudi Arabia have concluded
an agreement for cooperation in the field of energy. This agreement
builds upon their strong existing relationship; it will focus
collaboration on examining the potential for innovation, development,
financing, and deployment of energy infrastructure.
The Ministry of Industry and
Mineral Resources in the Kingdom of Saudi Arabia and the Department of
Energy of the United States of America have signed a Memorandum of
Cooperation to collaborate on mining and mineral resources. The
agreement contributes to economic development and the
diversification and resilience of critical mineral supply chains.
NASA and the Saudi Space Agency
have signed an agreement for a CubeSat to fly on NASA’s Artemis II test
flight. Saudi Arabia’s CubeSat will measure aspects of space weather at a
range of distances from Earth and deploy in high Earth orbit from a
spacecraft adapter on the Space Launch System rocket after the Orion
spacecraft is safely flying on its own with its crew of four astronauts.
The United States and Saudi
Arabia recently agreed to modernize the Air Transport Agreement to allow
U.S. airlines to carry cargo between Saudi Arabia and third countries
without needing to stop in the United States, an important right for
cargo hub operations. Saudi carriers will have the same rights to
serve the United States.
The United States and Saudi
Arabia further underscored their commitment to deeper cultural,
educational, and scientific partnerships through the signing of agreements
between the Smithsonian Institution’s National Museum of Asian Art and the
Royal Commission for AlUla on collaborative research and an exhibition
focused on artifacts from ancient Dadan in AlUla, and between the
Smithsonian’s National Zoo and the Royal Commission for AlUla to support
the conservation of the endangered Arabian leopard through creation of a
dedicated exhibit in Washington, D.C.
Saudi Arabia remains our largest
Foreign Military Sales partner with active cases valued at more than $129
billion.
Our defense relationship with
the Kingdom of Saudi Arabia is stronger than ever under President Trump’s
leadership, and the package signed today, the largest defense cooperation
deal in U.S. history, is a clear demonstration of our commitment to
strengthening our partnership.
The agreement opens the door
for expanded U.S. defense industry participation and long-term
sustainment partnerships with Saudi entities.
The deepening United
States-Saudi Arabia partnership reflects a joint vision for long-term
prosperity and employment opportunities in both nations.
BUILDING
ON A RECORD OF WINNING AT HOME AND ABROAD: President Trump is delivering on his
promise to Make America Great Again by catalyzing investment and negotiating
fair trade deals to accelerate American employment and prosperity.
President Trump is the dealmaker
in chief, and he has once again secured a historic deal that strengthens
America’s economic dominance and global influence.
This comes just one week after
President Trump announced a U.S.-UK trade agreement that levels the
playing field, creates jobs, and opens market access with the United
Kingdom.
Leading up to this historic
deal, President Trump had already secured trillions in U.S.-based
investments, setting the stage for a new era of American prosperity.
The $600 billion in Saudi
investment in the United States builds on President Trump’s record in 2017
of securing billions in commercial deals and agreements with Saudi Arabia
for the defense, energy, technology, and infrastructure sectors.
President Trump Participates in a Saudi State Visit
May 13, 2025
President Trump Participates in a U.S.-Saudi Investment Forum
May 13, 2025
President Trump Participates in an Arrival Ceremony, May 13, 2025
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