Prince Mohammed, de facto leader of the world’s biggest oil exporter, pledged in a phone call following Trump’s inauguration on Monday, Saudi state media said
Trump forged close relations with Riyadh in his first term and is now expected to push Saudi Arabia, home of Islam’s holiest sites, towards normalising ties with Israel as a major foreign policy objective.
“The crown prince affirmed the kingdom’s intention to broaden its investments and trade with the United States over the next four years, in the amount of $600 billion, and potentially beyond that,” the Saudi Press Agency reported.
It did not give details of the source of the funds, which represent more than half of Saudi GDP, or how they are expected to be used.
Prince Mohammed, 39, also congratulated his father, King Salman, during the call.
The White House said it was Trump’s first phone call with a foreign leader since his return to office.
“The two leaders discussed efforts to bring stability to the Middle East, bolster regional security, and combat terrorism,” a statement said.
