US President Donald Trump and Saudi Crown Prince Mohammed bin Salman witnessed the signing of a broad package of agreements between the two countries during the Saudi-US summit on Tuesday. The following are the key points included in the official statements issued by both sides.
The Saudi Press Agency (SPA) reported that the Crown Prince and the US President signed the Strategic Defense Agreement, noting that several other bilateral agreements and memoranda of understanding were also signed.
For its part, the White House, in a statement, described the defense agreement as "historic," indicating that it "strengthens a partnership that spans more than 80 years and enhances deterrence in the Middle East."
The Strategic Defense Agreement between Saudi Arabia and the United States
- Represents a pivotal step that strengthens the long-term defense partnership.
- It reflects the commitment of both sides to supporting peace, security, and prosperity in the region.
- It affirms that the Kingdom of Saudi Arabia and the United States are security partners capable of working together to confront regional and international challenges and threats.
- It deepens long-term defense coordination.
- It enhances deterrence capabilities and raises the level of readiness.
- It aims to develop and integrate the defense capabilities of both parties.
- It establishes a robust framework for a continuous and sustainable defense partnership.
- It contributes to strengthening the security and stability of both countries.
- It aims to enhance the capabilities of the Saudi Armed Forces, develop local military industries, and transfer technology.
- It seeks to raise the level of operational integration between the two countries' military institutions.
- Official sources in Riyadh emphasize that the agreement "is not directed against any country" but rather aims to enhance regional stability and solidify the principle of deterrence and diplomacy as two parallel paths for resolving disputes.
- It indicates that military industrial cooperation will contribute to supporting the Saudi defense system and creating job opportunities within the United States.
Defense Sales Package
- The US president approved a massive defense sales package to Saudi Arabia.
- The package includes future deliveries of F-35 fighter jets.
- An agreement was also reached to supply the kingdom with approximately 300 US tanks.
Civil Nuclear Energy Cooperation
- The United States and the Kingdom of Saudi Arabia signed a joint declaration on the completion of negotiations regarding cooperation in the field of civil nuclear energy.
- This establishes the legal framework for a long-term, multi-billion-dollar partnership in the nuclear energy sector.
- It affirms that the United States and U.S. companies will be the Kingdom's preferred partner in this sector.
- The declaration ensures that cooperation will be conducted in accordance with the highest standards of nuclear nonproliferation.
- The two sides finalized negotiations on an agreement for cooperation in the peaceful uses of nuclear energy.
- The agreement facilitates the transfer of advanced U.S. nuclear technologies to the Kingdom, including nuclear power plant technologies.
- The agreement opens the door for U.S. companies to participate in nuclear projects within Saudi Arabia, supporting localization plans, creating specialized jobs, and attracting high-quality investments to the Kingdom.
Strategic AI Partnership
- A pioneering Memorandum of Understanding (MoU) in the field of artificial intelligence (AI) has been signed.
- This partnership will grant the Kingdom access to globally advanced US systems.
- It will ensure the protection of US technology from foreign influence.
- It will facilitate the availability of high-speed AI processors within the Kingdom.
- It will build and develop AI infrastructure in data centers across the Kingdom.
- It will foster joint research and development in AI and knowledge transfer.
- The new partnership is based on the Kingdom's role as a regional hub for high-capacity data centers and on a human capital base of over 400,000 Saudi technical specialists, many of whom have been trained through joint programs with US companies such as Apple, Google, Microsoft, and Amazon.
- The agreements aim to develop advanced Arabic language models.
- The agreements seek to enhance the readiness of Saudi companies to meet regional demand for AI technologies in the health, education, energy, and government services sectors.
- The strategic framework for the partnership includes securing uranium and mineral supply chains.
- Signing of the Strategic Partnership Framework for Securing Supply Chains for Uranium, Metals, Permanent Magnets, and Critical Minerals.
- This strategic framework deepens cooperation between the United States and Saudi Arabia in these areas.
- Coordination of national strategies to diversify critical mineral supply chains.
- The framework aims to develop reliable supply chains for future industries related to advanced energy and clean technologies.
- The framework helps enable mutual investment in this vital sector.
- The framework supports the development of joint ventures.
- The framework constitutes one of the cornerstones of the strategic partnership between the two countries.
- The framework aims to make the Kingdom a hub for rare earth mineral processing and permanent magnet manufacturing.
- The framework contributes to supporting supply chains for strategic industries in the Kingdom, such as the manufacturing of energy sector components.
Facilitating Investment Procedures
- Agreement to facilitate Saudi investments was signed.
- Cooperation will be intensified in the coming weeks on trade issues of mutual interest, including areas related to reducing non-tariff barriers, harmonizing standards, and improving the investment environment.
Cooperation in the Financial Markets Sector
- U.S. Treasury Secretary Scott Bisent and Saudi Finance Minister Mohammed Al-Jadaan signed the Financial and Economic Partnership Agreement.
- The agreement strengthens cooperation between the two countries and advances key priorities of the World Bank, the International Monetary Fund, and the G20.
- The two countries cooperate closely on anti-money laundering and counter-terrorism financing issues to make the financial system more secure.
- A capital markets cooperation agreement was signed to improve the efficiency and effectiveness of capital market activities between the two sides, focusing on financial market technologies, standards, and regulations.
- The rapid movement of capital between the U.S. and Saudi economies is essential to realizing the full economic potential of the relationship between the two countries.
- The U.S. Treasury Department and the Saudi Zakat, Tax and Customs Authority reached an agreement in principle on the text of an agreement to exchange tax information.
Vehicle Safety
- Agreement on messages related to vehicle safety standards.
- Ensuring the Kingdom's recognition that vehicles and spare parts that meet US federal vehicle safety standards also meet its national requirements.
Education and Training
Signing a memorandum of understanding in the field of education and training.
