The USA and Saudi Arabia have concluded a package of agreements worth 600 billion dollars

Saudi Arabia has committed to invest $600 billion in the American economy as part of a new agreement.

This was reported on the official White House website.

The administration of US President Donald Trump published a draft agreement with the kingdom, which was agreed upon during the American leader's visit to Riyadh.

It is specified that the new document will cover the areas of defense, energy and security, as well as provide US companies with access to rare earth minerals.

For the Republican, this is the first of three planned visits during his tour of the Gulf countries. On May 15, he will travel to Qatar's capital Doha, and the next day he will visit the United Arab Emirates. The main agenda of the meetings is energy supplies and mutual military cooperation.