Saudi Arabia's Crown Prince Mohammed bin Salman told President Donald Trump the kingdom plans to sink $600 billion into new investments and trade with the U.S. over the next four years, according to reports.
The Saudi State news agency reported that, during a phone call between the two leaders, bin Salman said expected reforms from the Trump administration could create "unprecedented economic prosperity."
The agency also said Saudi Arabia would like to capitalize on these conditions, though it did not say where the $600 billion would come from, how it would be deployed and if it would be public or private spending.
Bin Salman told Trump the investment "could increase further if additional opportunities arise," the report noted.
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The Saudi State news agency reported that, during a phone call between the two leaders, bin Salman said expected reforms from the Trump administration could create "unprecedented economic prosperity."
The agency also said Saudi Arabia would like to capitalize on these conditions, though it did not say where the $600 billion would come from, how it would be deployed and if it would be public or private spending.
Bin Salman told Trump the investment "could increase further if additional opportunities arise," the report noted.
More
Saudi prince eyes $600B investment in US over next 4 years: report
The Saudi Arabian Crown Prince, Mohammed bin Salman, told President Donald Trump he plans to spend $600 billion in investments and trade with the U.S. over the next four years.
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