The White House reported that Donald Trump, the president, had secured deals worth more than$ 243.5 billion with Qatar, laying the foundation for a bigger$ 1.2 trillion economic pledge with the tiny Gulf nation.
The landmark agreements signed today will encourage generations of innovation and prosperity, support American manufacturing and industrial leadership, and set the stage for a new golden age, according to the White House.
The president announced some$ 600 billion in investments by , Saudi Arabia , in , U.S. manufacturing, products, and services the day after the president touted the second leg of his swing through the , Middle East.
Trump has put a lot of his strength into the trip to secure funding dollars, while praising the Gulf states for their desire to develop a closer relationship with the U.S.
Trump had suggested the possibility of securing$ 1 trillion in funding commitments from Saudi companies, but his approach so far has fallen short of his goals for an even bigger pull. On Tuesday, the two countries declared that they would work toward that goal.
The White House  announced earlier on Wednesday that Qatar Airways  had signed a$ 96 billion deal to acquire as many as 210 Boeing Co., 787 Dreamliner, and 777X aircraft. The purchase was deemed the largest widebody purchase ever placed and the largest ever for a 787.
Defense is a crucial component of the association with Qatar . The governments of Qatar, the United States, and Qatar have agreed to sign a$ 1 billion contract with Raytheon, a significant American defence contractor, to provide counter-drone functions to Qatar. The deal would establish Qatar as the first foreign client for Raytheon’s Fixed Site-Low, Slow, Small Unmanned Aerial System Integrated Defeat System, which is designed to combat autonomous plane.
According to the , White House, General Atomics  likewise secured a practically$ 2 billion deal for Qatar  to purchase MQ-9B robots. Additionally, the two nations signed a declaration of intent to strengthen safety partnerships that lists over$ 28 billion in potential opportunities.
Despite its small size, Qatar has grown in importance for Trump’s efforts to broker a East peace deal between Hamas and Israel, as well as for U.S., protection, and other factors. Additionally, it has grown in stature for Donald Trump, one of his most important political allies, and his household company, the Trump Organization, which recently signed an agreement to create a golf course, a hall, and beachfront villas on its coast.
Al Udeid Air Base, the largest military installation in the area, is located in Qatar, which is the largest defense deployment there. According to an agreement reached last year, the sprawling advanced serves as a shipping hub for the U.S., Central Command, and other branches. Former U.S. President, Joe Biden, named  , Qatar , a significant non-NATO alliance in 2022.
Additionally, The , White House , also praised partnerships between Qatar Energy, McDermott International Ltd., and$ 8.5 billion, as well as 30 projects worth up to$ 97 billion for Parsons Corp.
Other partnerships that the , White House , and others have been highlighted include ventures between , Quantinuum, and Al Rabban Capital that would invest up to$ 1 billion in workforce development and quantum technologies.
Qatar has attempted to improve its ties with the Gulf states Trump is visiting, including through direct purchase in the nation. Trump is scheduled to visit , Abu Dhabi, on Thursday.
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