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SAUDI $600 BILLION PACKAGE WITH US INCLUDES INVESTMENTS AND PROCUREMENT

NEWS Desk Global



Saudi Economy Minister Faisal Alibrahim said on Friday that the kingdom's $600 billion expanded package with the United States includes investments as well as procurement from the public and private sectors.

Alibrahim's comments were the first public remarks by a Saudi official after U.S. President Donald Trump said the kingdom's "investment" should be rounded up to $1 trillion.

Saudi Arabia's state news agency said on Thursday that the crown prince had 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.

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