Video transcript
It is indeed my honor to welcome to the White House a great friend and a man of leadership, vision, courage, and strength. His Royal Highness crowned Prince Mohammed bin Salman of the Kingdom of Saudi Arabia. We've gotten to know each other well over the years and he has become a true partner for peace and prosperity for our countries and for the world and for peace in the Middle East, which was a crowning achievement for both of us. Our countries have been enduring partners and together this evening we're making that partnership closer and stronger than ever before and we have a very different Middle East than we had when I first came into office. As I saw during my wonderful visit to the Kingdom in May on that trip Saudi Arabia announced that it will invest an incredible 600 billion dollars and today I said anyway you can up that and he said I am going to up that to one trillion dollars so he's investing one trillion dollars into the United States. This week we're also signing exciting agreements on civil nuclear energy, critical minerals, and artificial intelligence and as we announced in May, Saudi Arabia is also making an enormous commitment to building up its own defense capabilities with the largest arms purchase in history nearly 142 billion dollars worth of American military equipment and services. Tonight I'm pleased to announce we're taking our military cooperation to even greater heights by formally designating Saudi Arabia as a major non-NATO ally. I want to thank the crown prince for the role he played in the transformational peace deal that was achieved last month. Our friendship and blessings to America, to the Kingdom of Saudi Arabia, and to the world stand out and will always stand out to me. You know we have an expression make America great again and that's what we're doing beyond what anyone even thought possible. So I just want to thank you for being a very big part of it. Thank you very much. Thank you.
Transcribed automatically. Expect errors in names and numbers.