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, U.S., manufacturing, products, and services the day before the announcement.
Trump has put a lot of his strength on the trip to secure funding money, 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 plans 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 buy ever placed and the largest ever for a 787.
A crucial component of the relationship with Qatar  is security. A$ 1 billion contract has been signed by the governments of Qatar, the United States, and Qatari governments for Raytheon, a significant American defence contractor, to provide Qatar with counter-drone skills. The deal would establish Qatar as the first foreign client for Raytheon’s fixed site-load, slow, little unmanned aerial program Integrated Defeat System, which is designed to combat autonomous aircraft.
According to the White House, General Atomics also secured a almost$ 2 billion deal for Qatar to purchase MQ-9B drones. Additionally, the two nations signed a declaration of intent to strengthen surveillance partnerships, which 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 Israel and Hamas as well as for U.S., U.S., stability, and other factors. Trump’s ally and his family company, the , Trump Organization, which recently signed an agreement to create a golf course, a hall, and beachfront villas on its coast, have also grown in appearance.
Al Udeid Air Base, the largest military installation in the region, is located in Qatar, which is home to the country’s largest military setup, Al Udeid Air Base. According to an agreement reached last year, the sprawling advanced serves as a transportation hub for the U.S., Central Command, and is scheduled to house National troops for at least another ten years. Previous U.S. President Joe Biden named Qatar as a significant non-NATO ally 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 state Trump is visiting, including through direct purchase in the nation. Trump is scheduled to visit Abu Dhabi on Thursday.
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