Published Date: 15.05.2025 06:06 / Politics

Trump Signs $1.2T US-Qatar Deal

Trump Signs $1.2T US-Qatar Deal

The White House confirmed that President Donald Trump has signed a landmark economic agreement with Qatar, paving the way for trade exchanges exceeding $1.2 trillion. The deal encompasses aviation, defense, energy, and infrastructure sectors, signaling a deepening strategic partnership between Washington and Doha.

Among the highlighted agreements, Boeing and GE Aerospace secured contracts worth over $243.5 billion for aircraft and engine sales to Qatar Airways. Energy collaboration includes McDermott's $8.5 billion partnership with Qatar Energy, while infrastructure development is spearheaded by Parsons with projects totaling $97 billion. In the defense sector, Raytheon and General Atomics landed multi-million-dollar deals focusing on advanced counter-drone systems and remotely piloted aircraft technologies.

This comprehensive agreement underscores the US administration's commitment to fostering economic growth and bolstering alliances in the Middle East through substantial investments and technology partnerships.

Meanwhile, Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani addressed concerns regarding a proposed transfer of a Boeing 747-8 to the United States. He clarified that the offer, intended for potential use as Air Force One, is structured as a government-to-government transaction involving the respective defense ministries. Al-Thani emphasized that Qatar would withdraw the offer if deemed illegal, dismissing allegations of attempting to exert foreign influence in US affairs.

“Why would we buy an influence in the United States?” Al-Thani stated, reaffirming that Qatar’s support stems from a longstanding alliance and mutual cooperation during global crises, rather than personal favors.

The $1.2 trillion US-Qatar agreement marks a significant milestone in bilateral relations, reinforcing economic ties and strategic collaboration across key industries.