STRENGTHENING OUR STRATEGIC PARTNERSHIP: In a significant move to bolster ties, President Donald J. Trump and Crown Prince Mohammed bin Salman of Saudi Arabia have today finalized a series of pivotal agreements aimed at enhancing the U.S.-Saudi alliance. This initiative not only promises to create high-paying jobs for American workers but also aims to shore up critical supply chains and promote stability in the region—all while firmly placing American interests at the forefront.
- These agreements are a direct continuation of President Trump’s triumphant visit to Riyadh in May, where he secured a staggering $600 billion in investment commitments from Saudi Arabia.
- In a notable escalation of this partnership, the Crown Prince announced a commitment to increase Saudi investments in the U.S. to nearly $1 trillion, a testament to the growing trust and momentum under President Trump’s administration.
- Highlights of these agreements include a Civil Nuclear Cooperation Agreement, advancements in critical minerals collaboration, and a Memorandum of Understanding on AI—each reinforcing the U.S. commitment to securing agreements that yield tangible benefits for the American populace.
- These arrangements exemplify the Trump Administration’s “America First” philosophy, bolstering the U.S. position on the global stage while ensuring a stable economic future.
ACHIEVING NUCLEAR ENERGY, CRITICAL MINERALS, AND TECHNOLOGY DOMINANCE: The agreements forged today with Saudi Arabia position the U.S. as a frontrunner in energy and advanced technology, while ensuring the resilience of our supply chains.
- The U.S. and Saudi Arabia have concluded negotiations on a Joint Declaration for Civil Nuclear Energy Cooperation, laying the groundwork for a long-term, multi-billion-dollar partnership in nuclear energy. This agreement confirms that American companies will serve as the primary partners in the Kingdom’s civil nuclear endeavors, all in alignment with stringent nonproliferation standards.
- Additionally, the two nations have signed a Critical Minerals Framework, which enhances collaboration and synchronizes national strategies to diversify critical mineral supply chains. This framework builds upon similar agreements secured by President Trump with various trading partners, safeguarding America’s supply chain resilience for essential minerals.
- A groundbreaking AI Memorandum of Understanding was also established, granting Saudi Arabia access to cutting-edge American technology while safeguarding U.S. innovations from foreign interference, ensuring that American leaders remain at the forefront of the global AI landscape.
DEEPENING DEFENSE COOPERATION AND REGIONAL SECURITY: President Trump is enhancing U.S. national security through agreements that bolster regional deterrence, expand the American industrial base, and ensure that allies like Saudi Arabia take on greater responsibilities in countering mutual threats.
- The U.S. and Saudi Arabia have signed a historic Strategic Defense Agreement (SDA), which strengthens an 80-year-old defense partnership and enhances deterrence across the Middle East.
- This agreement aligns with the “America First” agenda by facilitating U.S. defense companies’ operations in Saudi Arabia, securing new funds from the Kingdom to offset U.S. expenses, and confirming that Saudi Arabia regards the U.S. as its principal strategic ally.
- The President has also secured agreements that reinforce America’s role as a regional security facilitator, enhancing military cooperation to empower allies to deter and neutralize threats effectively.
- Furthermore, President Trump approved a substantial defense sale package, which includes future deliveries of F-35s, thereby strengthening the U.S. defense industrial landscape and ensuring ongoing Saudi purchases of American military equipment.
- The Kingdom is set to acquire nearly 300 American tanks, which will not only enhance its defense capabilities but also safeguard numerous American jobs.
DRIVING AMERICAN ECONOMIC PROSPERITY AND JOB CREATION: President Trump is unlocking unparalleled opportunities for U.S. businesses and workers by broadening market access, reducing barriers, and channeling significant Saudi investments into American innovation and infrastructure.
- Saudi Arabia’s nearly $1 trillion investment pledge into U.S. infrastructure, technology, and industry—an increase from the $600 billion commitment made during the President’s May visit—will directly benefit American communities.
- Additionally, the U.S. and Saudi Arabia have agreed to intensify discussions on trade issues of mutual interest, focusing on reducing non-tariff barriers, standard recognition, and enhancing the investment climate.
- A tangible outcome of this engagement includes a recent agreement that recognizes compliance with U.S. Federal Motor Vehicle Safety Standards (FMVSS) as meeting Saudi safety regulations for motor vehicles and parts.
- Both nations reaffirm the importance of the existing Trade and Investment Framework Agreement and plan to leverage this mechanism for deeper engagement to facilitate bilateral trade.
- The Treasury Department and the Saudi Ministry of Finance have signed agreements to foster collaboration on capital market technologies, standards, and regulations, further deepening ties in international financial institutions.
- Moreover, new investment opportunities have been advanced that are expected to enhance U.S. exports and lower trade barriers—clear victories for American manufacturers.
- When combined with the agreements on critical minerals, nuclear energy, AI, and defense, these deals are set to generate high-paying American jobs, bolster U.S. technological leadership, and provide substantial benefits for American workers and families for years to come.
