US President Donald Trump (L) and Saudi Arabia's King Salman bin Abdulaziz al-Saud, Riyadh May 20, 2017. © Mandel Ngan / AFP
CNBC: US-Saudi Arabia seal weapons deal worth nearly $110 billion immediately, $350 billion over 10 years
The United States has sealed an arms deal to Saudi Arabia, the White House announced on Saturday, a move that solidifies its decades-long alliance with the world's largest energy producer just as President Donald Trump begins an official visit to the country.
The agreement, which is worth $350 billion over 10 years and $110 billion that will take effect immediately, was hailed by the White House as "a significant expansion of…[the] security relationship" between the two countries.
The arms package represents an enhancement of Saudi Arabia's military capabilities as tensions flare in the region, with the U.S. viewing the Saudis as a linchpin in efforts to check the global ambitions of Iran. The country, the hub of Islam's most revered sites, but is also a target of radical Islamic extremism.
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WNU Editor: This U.S. Senator thinks this is a terrible deal .... Dem senator: Trump's arms deal with Saudis a 'terrible idea' (The Hill).
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