Donald Trump Gulf tour; US-Qatar sign $243bn worth economic deals

Donald Trump in Qatar
Image Via: QNA | Cropped by GBN
By Arya M Nair, Content Head
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HH Amir Sheikh Tamim bin Hamad Al-Thani has welcomed the President of the United States, Donald Trump, as the first American President to visit Qatar.

In Qatar, Donald Trump has signed an agreement with Qatar to generate an economic exchange worth at least $1.2 trillion.

Donald Trump also announced economic deals totaling more than $243.5 billion between the United States and Qatar. The landmark deals will drive innovation and prosperity for generations, bolster American manufacturing and technological leadership, and put America on the path to a new Golden Age.

Groundbreaking deals secured in Qatar

  • Boeing and GE Aerospace secured a landmark order from Qatar Airways, a $96 billion agreement to acquire up to 210 American-made Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engines. This is Boeing’s largest-ever widebody order and largest-ever 787 order. This historic agreement will support 154,000 US jobs annually, totaling over 1 million jobs in the United States during the course of production and delivery of this deal.
Qatar Airways partners with Boeing and GE Aerospace
Image Via: QNA
  • Parsons has won 30 projects worth up to $97 billion. These high-value engagements have fueled significant company growth, supporting thousands of jobs across the United States and reinforcing American leadership in cutting-edge engineering and innovation.
  • Quantinuum finalized a Joint Venture Agreement with Al Rabban Capital, a prominent Qatari company. Qatar will invest up to $1 billion in state-of-the-art quantum technologies and workforce development provided by the Joint Venture, supporting US and Qatari jobs and leadership in this critical emerging technology. 

The countries also signed the US-Qatar security partnership marking Trump’s intent to accelerate Qatar’s defense investment, enhancing regional deterrence and benefiting the US industrial base.

  • Raytheon, an RTX business, secured a $1 billion agreement for Qatar’s acquisition of counter-drone capabilities, signed by the US and Qatari governments. This deal establishes Qatar as the first international customer for Raytheon’s Fixed Site, Low, Slow, Small Unmanned Aerial System Integrated Defeat System (FS-LIDS) designed to counter unmanned aircraft. The deal directly supports high-skilled manufacturing and engineering jobs in the United States and reinforces America’s leadership in innovative defense technologies.
  • General Atomics secured a nearly $2 billion agreement for Qatar’s acquisition of the MQ-9B remotely piloted aircraft system, signed by the US and Qatari governments. This deal will strengthen the US-Qatar bilateral relationship and provide the Qatari Armed Forces with the most advanced multi-mission remotely piloted aircraft in the world, powered by US products made in America.
  • The United States and Qatar also signed a statement of intent to further strengthen our security partnership, outlining over $38 billion in potential investments including support for burden-sharing at Al Udeid Air Base and future defense capabilities related to air defense and maritime security.
Donald Trump Gulf Tour
Image Via: QNA

These new agreements and instruments aim to drive the growth of the US-Qatar bilateral commercial relationship, create thousands of well-paying jobs, and open new trade and investment opportunities for both countries over the coming decade and beyond.

This visit advances opportunities for US companies to expand long-standing partnerships and for Qatari entities to embrace US technologies, adopt best practices, and finalize new agreements for significant sales and investments.

So far, Qatar has made significant investments in the United States across hotels and tourism, financial services, technology, healthcare, and energy, with plans to invest even more over the next five years. These investments strengthen the US economy by supporting good-paying jobs for millions of American workers, expanding US exports, and funding research and development. 

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