US-Qatar ink $243 billion in deals, sets stage for $1.2 trillion future investments

US-Qatar ink $243 billion in deals, sets stage for $1.2 trillion future investments

The White House said President Donald Trump secured deals totaling more than $243.5 billion with Qatar, setting the stage for a larger $1.2 trillion economic agreement with the Gulf nation.

The deals include aviation and energy to defence and quantum technology. There has been a Boeing-GE Aerospace sale to Qatar Airways, Boeing’s largest-ever widebody order, and it is expected to support over 1 million US jobs and deepen strategic cooperation between the two countries.

While House said in a press statement, “Today in Qatar, President Donald J. Trump signed an agreement with Qatar to generate an economic exchange worth at least $1.2 trillion. President Trump also announced economic deals totalling more than $243.5 billion between the United States and Qatar, including a historic sale of Boeing aircraft and GE Aerospace engines to Qatar Airways.”