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US, Saudi sign 'strategic economic partnership'
Hindustan Times Ranchi
|May 14, 2025
President Donald Trump and Saudi Crown Prince Mohammed bin Salman (MBS) signed a strategic economic partnership deal during a ceremony in Riyadh, on Tuesday, as the US president kicked off his Gulf tour.
RIYADH:
Trump and Prince Mohammed signed the agreement that a Saudi official presiding over the event called a "strategic economic partnership", without providing more precise details about what the deal entailed.
Trump began the tour of wealthy Gulf states on Tuesday, with his focus on securing trillions of dollars in investments rather than security issues ranging from war in Gaza to Iran's nuclear programme.
Emerging from Air Force One, Trump punched the air in a show of solidarity when Crown Prince Mohammed bin Salman greeted him at the airport after his arrival in Riyadh with a who's who of business leaders in tow including billionaire Elon Musk.
Trump will go on from Riyadh, which is hosting a Saudi-US Investment Forum, to Qatar on Wednesday and the United Arab Emirates on Thursday.
But he has not scheduled a stop in Israel, a decision that has raised questions about where the close ally stands in Washington's priorities.
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