just! The United States signed! Trump: Release sanctions!

Source: China Securities Journal

US President Trump is visiting three Gulf countries.

On May 13th, local time, when attending an event in Saudi Arabia, Trump talked about the Iranian nuclear issue. He urged Iran to reach an agreement with the US as soon as possible. Otherwise, he would increase sanctions and make Iran's oil exports "drop to zero".

On the other hand, Trump's trip has been very fruitful. The White House said that the United States and Saudi Arabia signed a military sales agreement worth nearly $142 billion on the same day. This is the largest military sales agreement ever signed between the two countries. At the same time, Saudi Arabia promised to strive to expand its investment in the United States to $1 trillion.

On the same day, when attending an event in Saudi Arabia, Trump also said that he would order the lifting of sanctions on Syria. Trump said that he made this decision after discussing the situation in Syria with Saudi Crown Prince Mohammed bin Salman and Turkish President Erdogan.

The Largest - Ever Military Sales Agreement

US President Trump kicked off a trip to Saudi Arabia, Qatar, and the United Arab Emirates on the 13th. Saudi Arabia was the first stop of Trump's Middle East tour.

According to Xinhua News Agency, the White House issued a statement on the 13th saying that the United States and Saudi Arabia signed a military sales agreement worth nearly $142 billion on that day. The statement said that this agreement signed between the United States and Saudi Arabia is the "largest - ever military sales agreement", and it is part of a $600 - billion package deal in which Saudi Arabia agreed to invest in the United States.

Under the agreement, more than a dozen US defense companies will provide advanced weapons and services to Saudi Arabia, covering five areas: air force upgrade and space capability building, air and missile defense systems, maritime and coastal security systems, border security and army modernization, and information and communication system upgrades. In addition, the US will also provide training and support for the Saudi armed forces, including strengthening the education of Saudi military academies and military medical services.

Saudi Arabia is one of the largest buyers of US military hardware. Some media reported that the United States and Saudi Arabia have discussed whether to allow it to purchase F - 35 fighter jets, but this matter was not mentioned in the White House statement.

According to the announcement released by the White House on the 13th, in addition to the above - mentioned military sales agreement, the United States and Saudi Arabia also signed other new agreements. For example, Saudi DataVolt will continue to advance its plan to invest $20 billion in the United States to build artificial intelligence data centers and energy infrastructure; in the healthcare field, Shamekh IV Solutions LLC will invest $5.8 billion, including building a high - capacity intravenous infusion facility in Michigan.

The investment partnership between Saudi Arabia and the United States covers multiple funds focused on specific industries, such as a $5 - billion energy investment fund, a $5 - billion new - era aerospace and defense technology fund, and a $4 - billion Enfield Sports Global Sports Fund.

$1 - Trillion Investment Commitment

Saudi Crown Prince Mohammed bin Salman said at the Saudi - US Investment Summit on the 13th that Saudi Arabia will strive to expand its investment in the United States to $1 trillion.

Bin Salman said that his goal is to raise the partnership between the United States and Saudi Arabia in the military, security, economic, and technological fields to $1 trillion. However, some economists pointed out that fulfilling this investment commitment will be a challenge for Saudi Arabia. The country's own Vision 2030 investment ambitions face sky - high costs, and the decline in global oil prices and large - scale public spending projects have led to the continuous expansion of Riyadh's budget deficit.

Trump said at the above - mentioned summit: "Look at those previous presidents. Sometimes they couldn't get $1 trillion in several years, but we basically did it in two months." Trump had repeatedly said before his visit that he hoped Saudi Arabia would "round up" the investment figure to $1 trillion.

According to media reports, the summit brought together major business leaders from Saudi Arabia and the United States. Trump's close ally Musk, the CEOs of BlackRock and Amazon, and Jensen Huang, the founder of NVIDIA, spoke successively. Jane Fraser, CEO of Citi, and Stephen Schwarzman of Blackstone Group also participated in related activities.

Trump: Will Lift Sanctions on Syria

US President Trump, who is visiting Saudi Arabia, said when attending an event in Riyadh, the capital of Saudi Arabia, on the 13th that he would order the lifting of sanctions on Syria.

Trump said that he made this decision after discussing the situation in Syria with Saudi Crown Prince Mohammed bin Salman and Turkish President Erdogan. He also said that Rubio would meet with Syrian Foreign Minister Bassam al - Sabbagh this week.

According to the Syrian News Agency, al - Sabbagh said on the same day that Syria welcomes Trump's statement on lifting sanctions against Syria and believes that the relevant measures will contribute to Syria's reconstruction process.

In addition, Xinhua News Agency quoted Syrian media reports on the 12th as saying that Ahmad al - Shara, the leader of the Syrian regime, will not participate in the Arab League Summit scheduled to be held in Baghdad, the capital of Iraq, on the 17th.

Syrian News TV reported that Assad Hassan al - Sabbagh, the head of the Syrian foreign ministry, will lead a delegation to attend the Arab League Summit. This summit is expected to focus on the reconstruction of the Gaza Strip and the Palestinian issue. A statement from al - Shara's office confirmed this news but did not explain why he would not go to Baghdad to attend the meeting.

According to Reuters, Iraqi Prime Minister Mohammed Shia al - Sudani invited al - Shara to attend the meeting in April, but this invitation was opposed by the Shiite community in Iraq. Because al - Shara, who is of Sunni origin, has a "terrorist record" in Iraq and there is still an arrest warrant against him. At least 57 of the 329 members of the Iraqi Council of Representatives signed a joint letter asking the government to ban al - Shara from attending the meeting. Many Shiite bigwigs, such as former Iraqi Prime Minister Nuri al - Maliki, publicly spoke out against al - Shara's visit.

In 2003, al - Shara traveled from Syria to Iraq and joined al - Qaeda. He was later arrested and imprisoned for many years. He was released in 2011 due to "insufficient evidence". Al - Shara later returned to Syria and formed the precursor of the "Syrian Liberation Army in Sham". This armed group announced on December 8 last year that it "liberated Damascus and overthrew the Assad regime". Al - Shara became the leader of the new Syrian regime in January this year.

According to Reuters, the new Syrian regime is trying to gain recognition from regional countries and the international community. It has been getting closer to Turkey, Saudi Arabia, and Qatar, which are Sunni - dominated Gulf countries, but its relationship with countries like Iraq, which is mainly Shiite, is delicate.

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