Crazy Flux
  • Business
  • World
  • Stocks
  • Investing
  • Business
  • World
  • Stocks
  • Investing

Crazy Flux

World

Trump is visiting three of the world’s richest nations. Here’s what’s on their wish list

by admin May 12, 2025
May 12, 2025
Trump is visiting three of the world’s richest nations. Here’s what’s on their wish list

Three energy-rich Gulf Arab nations are racing to turn their influence over Donald Trump into tangible gains with the president set to visit next week.

They have built personal ties with the president and collectively pledged trillions in US investments while casting themselves as key intermediaries in conflicts Trump wants to resolve, from Gaza to Ukraine and Iran.

Now, they’re being rewarded with the privilege of hosting Trump’s first state visit of his second term. The US president is set to land in Saudi Arabia on Tuesday, followed by visits to Qatar and then the United Arab Emirates that stretch till May 16.

Given Trump’s transactional approach to foreign policy, the three states have much to offer

Behind this carefully crafted strategy of wooing Trump is a desire from Gulf states to solidify and formalize their positions as the US’ indispensable security and economic partners, and extract as much benefit for themselves as they can.

US-Gulf relations have improved significantly since Trump returned to office. Frustrated at the perceived lack of US interest in their needs under the Biden administration, Saudi Arabia and the UAE had sought to diversify their military, technological and economic ties. With Trump in office, they see what one Gulf official called “once-in-a-lifetime opportunity” for to achieve his country’s objectives.

From their perspective, now is the time to cement ties with Washington, and even “secure greater privileges in their relationship with the world’s most powerful nation,” Ebtesam AlKetbi, founder and president of the Emirates Policy Center think tank in Abu Dhabi, said.

Each of the three nations Trump is visiting has its own list of priorities. Here’s what they want from the US and how they’re going about achieving it.

Sealing a US-Saudi security pact

“Security, security and security” is what Saudi Arabia and other Gulf states seek most from Trump’s visit, said Ali Shihabi, an author and commentator on politics and economics of Saudi Arabia.

Last year, the US and Saudi Arabia came close to finalizing a landmark defense and trade pact – but the deal stalled over Saudi insistence that Israel commit to a path toward Palestinian statehood.

Riyadh is also seeking US cooperation to develop a civil nuclear program, but that has been held over its insistence on enriching uranium domestically – raising concerns in the US and Israel over nuclear weapons proliferation. Uranium, when enriched to high levels, can be used to produce nuclear weapons.

White House backing for a Saudi nuclear program could see American firms win lucrative contracts.

Riyadh appears to be framing its relationship with the US as a win-win. In March, Trump said he’d go to Saudi Arabia if it invests $1 trillion in the US. “They’ve agreed to do that, so I’m going to be going there,” he said.

While Saudi Arabia didn’t confirm that figure, it announced plans in January to expand trade and investment with the US by $600 billion over four years, with potential for more.

But for Riyadh to diversify away from oil, it still needs to sell oil – at a healthy profit – to fund that transition. Recent price drops, driven in part by Trump’s tariffs, threaten to undermine those ambitions. Trump has made clear he wants oil prices lower, putting him at odds with Saudi Arabia’s need for high revenues to finance its economic transformation.

UAE’s quest for AI dominance

Perhaps more than any other Gulf state, the UAE sees investment as central to its strategy for deepening ties with the US and securing returns – and it has money to back it up. Among the world’s richest countries per capita, it has pledged trillions in US investments. Abu Dhabi has even branded itself “the capital of capital.”

“Expanding trade and investment is a way to reinforce this strategic partnership,” AlKetbi said. “The US remains a critical security guarantor for the Gulf region, while also offering a dynamic economy full of opportunities and capabilities that align with the long-term Gulf development plans.”

In March, the UAE announced a $1.4 trillion investment plan over 10 years focused on AI, semiconductors, manufacturing, and energy. Its existing US investments already total $1 trillion, according to its embassy in Washington.

But it won’t be easy for Abu Dhabi to achieve its stated goal of becoming a global leader in AI by 2031 without US microchips.

During the final days of former President Joe Biden’s administration, the US tightened curbs on AI exports to keep advanced technology out of the hands of foreign adversaries like China, which were meant to take effect on May 15. The UAE has been one of the countries facing restrictions and may expect them to be lifted during Trump’s trip.

On Thursday, the US announced that Trump will rescind a set of the Biden-era curbs.

Qatar’s global diplomacy

Qatar is the Gulf Arab nation with the most formalized security ties with the US. It hosts the biggest US military installation in the Middle East, which the State Department describes as “indispensable” for US military operations in the region.

Last year, the US quietly reached an agreement that extends its military presence at the sprawling base in Qatar for another 10 years. It also amended a 1992 defense cooperation agreement with the US, which is meant to further strengthen their security partnership.

In 2022, the Biden administration also designated Qatar as a Major Non-NATO Ally, a title granted to close friends that have strategic working relationships with the US military.

Qatar has been a key mediator in a number of conflicts – from the war in Gaza to Afghanistan. Experts say it is part of an effort to remain relevant in the eyes of Washington.

Doha also maintains close ties with Syria’s new president, Ahmed al-Sharaa, who has been on a quest to relieve his country of years-long sanctions by the West.

Trump’s visit is ultimately about what he can get out of the three Gulf states, experts said, adding that each of the three nations is anticipating a set of new deals that will benefit both parties.

“He’s coming here because he believes it is in the interest of the US economy, perhaps his interest and those around him, to have those deals here with Saudi Arabia, the UAE and Qatar,” Maksad said. “So expect big announcements.”

This post appeared first on cnn.com

previous post
Week Ahead: NIFTY Stays In Technically Challanging Environment; Price Action Against These Levels Crucial
next post
‘Never again war!’ Pope Leo calls for peace in Ukraine and Gaza in first Vatican address since his election

Related Posts

UN humanitarian agency will lay off hundreds of...

April 12, 2025

She was expelled from the United States, but...

March 30, 2025

Deadly attack rocks Pakistan military base

March 5, 2025

Family and friends shattered and scarred by tourist...

April 26, 2025

Australia votes in national election seen as latest...

May 3, 2025

‘Invasion’ barges and deep-sea cable cutters: why new...

March 26, 2025

Ecuador ‘would love to have US forces’ helping...

April 16, 2025

Prince Harry meets war victims in unannounced visit...

April 11, 2025

Russia’s European neighbors are lifting bans on landmines....

May 11, 2025

Jenin mayor likens Israeli military operation to war...

February 4, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Fresh round of US-Iran talks underway in Oman as two sides try to overcome deep divisions

      May 12, 2025
    • ‘Never again war!’ Pope Leo calls for peace in Ukraine and Gaza in first Vatican address since his election

      May 12, 2025
    • Trump is visiting three of the world’s richest nations. Here’s what’s on their wish list

      May 12, 2025
    • Hamas announces imminent release of Edan Alexander, last known living American hostage

      May 12, 2025
    • Poland blames Russian intelligence for arson attack on Warsaw shopping center last year

      May 12, 2025
    • Israel issues evacuation warnings for Yemen ports after vowing to ‘defend itself by itself’

      May 12, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: crazyflux.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 crazyflux.com | All Rights Reserved