UPDATED: Trump in Saudi Arabia heralds tremendous investments and 'jobs, jobs, jobs'
Last edited Sat May 20, 2017, 06:08 PM - Edit history (1)
Source: The Hill
BY ALICIA COHN - 05/20/17 11:42 AM EDT
President Trump on Saturday called his first day in Saudi Arabia “tremendous," touting the $110 billion defense deal he signed with Saudi Arabia that day.
In his first remarks to the press after an unusually quiet day spent in the Saudi Arabian royal court, Trump heralded the defense deal he had just signed with Saudi King Salman. “Hundreds of billions of dollars of investments into the United States and jobs, jobs, jobs,” he said, according to a White House press pool report. "That was a tremendous day. Tremendous investments in the United States.”
The White House said the deal will create defense jobs while also reaffirming America's commitment to Saudi Arabia. It will increase Saudi Arabia's defense capabilities, bolstering equipment and services in the face of extreme terrorist groups and Iran, an official said.
"I can't imagine another business day that's been as good for the United States and the Kingdom," Commerce Secretary Wilbur Ross told Bloomberg on Saturday.
Read more: http://thehill.com/business-a-lobbying/334380-trump-heralds-tremendous-investments-in-us-by-saudi-arabia
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UPDATE:
Trump signs 'tremendous' deals with Saudi Arabia on his first day overseas
By Philip Rucker and Karen DeYoung May 20 at 3:35 PM
RIYADH, Saudi Arabia — President Trump made a splashy debut on the world stage here Saturday, ushering in a new era in U.S.-Saudi Arabian relations by signing a joint “strategic vision” that includes $110 billion in American arms sales and other new investments that the administration said would bring hundreds of thousands of jobs.
“It was a great day,” Trump said. He cited “tremendous investments in the United States .?.?. and jobs, jobs, jobs.”
While initial details were scant, the agreements signed included a U.S. letter of intent to “support Saudi Arabia’s defense needs” with sales of a number of items — naval ships, tanks and other vehicles — that were the subject of agreements under earlier administrations, as well as some new items that had never passed the discussion stage, such as sophisticated THAAD missile defense systems. Other items are intended to modernize Saudi Arabia’s cyberdefense and airborne intelligence-gathering, and secure its borders.
Secretary of State Rex Tillerson, in a news conference with his Saudi counterpart, described common views on counterterrorism, the threat from Iran and regional security. He outlined “like-minded” goals in the security and economic spheres and said, “We’re very proud of this relationship that we are embarking on with the kingdom.”
more
https://www.washingtonpost.com/politics/trump-gets-elaborate-welcome-in-saudi-arabia-embarking-on-first-foreign-trip/2017/05/20/679f2766-3d1d-11e7-a058-ddbb23c75d82_story.html
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