US President Signs Largest Ever Arms Deal During His First International Tour
May 21 , 2017
US President Donald Trump starts his 9-day international tour of Middle East and Europe with a business-defense deal worth $350 billion (including a $110 billion arms deal) with Saudi Arabia. Reports say that this is the largest ever arms deal in the entire US history. The US secretary of state, Rex Tillerson, said that the defense equipment and services package will strengthen Saudi Kingdom and Gulf Region’s security and help to counter Iran’s “malign” influence. A White House statement said that this will give immense opportunity to the American companies that are working in the Gulf region. It also said that the initiative will support “tens of thousands of new jobs in the US defense industrial base”. While speaking to the media President Trump thanked people of Saudi Arabia and went on to call it a "tremendous day".