US and Qatar agreements will generate at least $1.2 trillion in economic exchange, according to the White House.
The United States and Qatar have signed a series of major agreements expected to generate an economic exchange of at least $1.2 trillion, according to a White House fact sheet released on Wednesday.
The deals were signed during US President Donald Trump’s official visit to Doha and were hailed as a significant boost to defence, aviation, and economic ties between the two countries.
One of the largest components of the agreements is a $96 billion deal between Qatar Airways and US aerospace giants Boeing and GE Aerospace. The deal includes the potential purchase of up to 210 aircraft—specifically Boeing 787 Dreamliners and 777X jets—powered by GE Aerospace engines. This massive order is part of Qatar Airways’ ongoing fleet expansion and modernisation strategy.
In addition to the aviation deal, the two nations also signed a statement of intent that could result in up to $38 billion in US investments focused on Qatar’s military infrastructure and defence capabilities. This includes enhancements at the strategic Al Udeid Air Base, which serves as a key regional hub for the US military, as well as expanded air defence and maritime security systems.
The deals follow closely on the heels of Trump’s earlier visit to Saudi Arabia, where he signed a string of economic and defence agreements. His Gulf tour is widely seen as an effort to reinforce US influence in the region through deeper commercial and strategic partnerships.
Further details on the agreements are expected in the coming weeks as negotiations progress and formal contracts are finalised.
Source: Arise News