After Saudi Arabia..Trump arrives in Qatar and extracts $1.2 trillion in investments, including $243.5 billion in sales of Boeing aircraft and GE Aerospace engines✍️👇👇👇
The White House describes the deal as "historic."
US President Donald Trump arrived in Doha on Wednesday as part of his Gulf tour, the second stop on the tour, which began yesterday with a visit to Saudi Arabia.
According to the Qatar News Agency, Sheikh Tamim bin Hamad Al Thani, the country's Emir, was at the forefront of those welcoming Trump upon his arrival at Hamad International Airport for a two-day visit to the country. Trump's visit is the second by a US president to Qatar, following former US President George W. Bush's visit in 2003.
In this regard, Margot Martin, Assistant to the US President, posted a video showing Qatari Air Force F-15s escorting the plane carrying the US President on his visit to Qatar.
In a related development, the White House announced that US President Donald Trump signed massive economic agreements with Qatar on Wednesday worth at least $1.2 trillion, including trade deals exceeding $243.5 billion, including the sale of Boeing aircraft and GE Aerospace engines to Qatar Airways in a deal described as "historic."
The statement said, "The deals announced today will spur innovation and prosperity for generations to come, enhance American manufacturing and technological leadership, and pave the way for a new golden age for the American economy."
Among the most notable deals concluded, according to the White House:
Boeing-GE Aerospace deal: Qatar Airways' order for up to 210 US-made Boeing 787 Dreamliner and 777X aircraft, valued at $96 billion, is the largest in the company's history. The deal will create more than one million American jobs during the manufacturing and delivery phases.
McDermott: Implementing seven energy projects with Qatar Energy worth $8.5 billion, supporting thousands of jobs in the US energy sector.
Parsons: Awarded 30 projects in Qatar worth $97 billion, fostering engineering innovation and creating thousands of jobs in the United States.
Quantinuum: Entered into a joint venture agreement with Qatari company Al Rabban Capital to invest $1 billion in advanced quantum technology and develop American talent in this vital field.
Strengthening the defense partnership:
The statement indicated that the agreements also include significant Qatari investments in the US defense sector, including:
Raytheon: A $1 billion deal to supply Qatar with anti-drone defense systems, making it the first foreign country to acquire the American FS-LIDS system.
General Atomics: A nearly $2 billion agreement to supply Qatari forces with MQ-9B unmanned aerial vehicles, enhancing joint defense capabilities.
A statement of intent was signed to enhance the security partnership, including potential investments worth $38 billion in Al Udeid Air Base, air defense, and maritime security.
It's worth noting that the US President had previously chaired a Gulf-US summit in Riyadh alongside Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz.
Trump also participated in a trilateral summit that included the Saudi Crown Prince and Prime Minister and Syrian President Ahmed al-Sharaa. The US President is expected to head to the UAE on Thursday, the final stop on his Gulf tour.
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