Friday, 28 July, 2017

Saudi to sign trade, political deals with USA during Trump's visit: FM

Donald Trump Donald Trump
Frank Williams | 19 May, 2017, 08:35

Jubeir said Saudi Arabia and the United States are now discussing several "initiatives" related to arms sales, economic and security cooperation and tackling terrorism.

"Trump is expected to address the entire Islamic world while trying to establish this sort of a strategic partnership with Saudi Arabia, particularly concerning groups like ISIL".

In his first 100 days, Trump flip-flopped his views about North Atlantic Treaty Organisation being obsolete, on China as a currency manipulator and on US involvement in Syria.

In [national security adviser] H.R. McMaster's statement, he said the speech will be given before "our Muslim friends", who are "taking a firm stand against extremism and those who use a perverted interpretation of religion to advance their criminal and political agendas".

"One of the other things (we are) doing on this trip is to get a lot of countries to sign a pledge to make it illegal in their countries to fund organisations that promote extremism and terrorism. So they want to invest in U.S. a lot which is good for us to create jobs", the official said. This meeting will be integral part of Trump's trip as just last month, he declared that North Atlantic Treaty Organisation was "no longer obsolete", contradicting what he repeatedly said during his campaign days.

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North Atlantic Treaty Organisation is comprised of 28 countries including the US.

According to the schedule released by the White House, Trump is supposed to do something quite unusual during his trip: fly directly from Saudi Arabia, the first stop on the trip, to Israel, the second.

"An Arabian lute and American guitar unite in a star-studded night", said the advertisement.

The third summit will be between Trump and the heads of state and leaders of Arab and Islamic states members of the Islamic Alliance to combat terrorism. A 2015 effort by Egypt to establish a pan-Arab fighting force collapsed due to squabbling among the countries involved.

"They are going to need much guidance on, for example, the financialisation of the banking system, on syndicated loans, deepening their captial markets and in the hydrocarbon sector, which they are opening up more", the economist said. The United States has been the main supplier for most Saudi military needs, from F-15 fighter jets to command and control systems worth tens of billions of dollars in recent years.

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