Make money, not war: Negotiating deals, resolving crises in the Middle East
Trump’s three-day tour projects a sense that America is back in business in the Middle East and continues to maintain its position as the leading outside power in the region
AFTER receiving the royal treatment and loving every moment of the opulent receptions, US President Donald Trump on Friday (May 16) concluded a three-nation tour of the Persian Gulf that resulted, among other things, in announcements of business deals with the wealthy states in the oil-rich region that are expected to pump money into the American economy.
Indeed, from the moment he got off Air Force One, warmly greeting Saudi Crown Prince Mohammed bin Salman, Trump seemed to be focused on securing deals worth hundreds of billions of dollars to the business executives he brought with him, including a large order from Qatar for Boeing passenger jets worth US$96 billion.
Trump said the total investments from the three nations he visited could reach as high as US$4 trillion, in sectors from tech to defence, including a US$142 billion deal to provide state-of-the-art fighting equipment and services from over a dozen US defence firms.
Copyright SPH Media. All rights reserved.