Washington, Nov 19: During bilateral talks at the Oval Office on Tuesday, Saudi Crown Prince Mohammed bin Salman said Saudi Arabia views the United States as a “long-term partner” in developing emerging technologies.
Prince Mohammed highlighted that the Kingdom will announce increased investment opportunities during his visit, with new agreements in sectors such as technology, artificial intelligence, and advanced materials.
“Saudi-U.S. relations span nearly nine decades, and today marks an especially important moment as both countries look toward the future. Saudi Arabia believes in America’s economic direction and the foundations being set for growth and global stability,” the Crown Prince said. “Saudi Arabia sees the U.S. as a long term partner in developing emerging technologies that will shape the coming decades and wants to be an active contributor to this future.”
He added that Saudi Arabia will invest around USD 50 billion in semiconductors and unique computing power to meet the Kingdom’s growing demand for AI and advanced technologies.
On regional matters, Crown Prince Mohammed emphasized Saudi Arabia’s commitment to fostering good relations across the Middle East and expressed interest in joining the Abraham Accords. He stressed the need to secure a “clear path” toward a two-state solution with Israel.
“We believe having good relations with all Middle Eastern countries is positive. We want to be part of the Abraham Accord, but also ensure a clear path toward a two state solution,” he said, noting constructive discussions with President Trump on the issue.
This marks Crown Prince Mohammed bin Salman’s first visit to Washington since the 2018 killing of journalist Jamal Khashoggi.