On January 24th, the White House issued a statement on January 23rd local time, stating that US President Trump had his first phone call with a foreign leader since taking office with Saudi Arabian Crown Prince and Prime Minister Mohammed bin Salman on January 22nd. The two sides discussed efforts to bring stability to the Middle East, strengthen regional security, and combat terrorism. In addition, they also discussed Saudi Arabia’s international economic aspirations for the next four years, as well as trade and other opportunities. According to the Saudi news agency, Crown Prince Mohammed told Trump during a phone call that Saudi Arabia intends to expand its investment and trade with the United States over the next four years, investing $600 billion or more. The report did not specify in what form or in what areas Saudi Arabia intends to invest. The Associated Press analyzed that Saudi Arabia’s sovereign wealth fund has invested heavily in the US business and sports industries, and Saudi Arabia is also a major buyer of US military equipment.
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