U.S. President Donald Trump and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani signed an agreement on Wednesday that will “generate an economic exchange worth at least $1.2 trillion,” the White House announced.
Trump also announced economic deals that total more than $243.5 billion, according to the White House.
“Since President Trump took office, his commitment to American manufacturing and innovation has attracted trillions of dollars in investments and global commercial deals,” the statement read. “Allies like Qatar are partnering in the United States’ success.”
The agreement includes a $96 billion deal for Qatar to acquire up to 210 Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engines and a $1 billion deal for Qatar’s acquisition of counter-drone capabilities.
“This historic agreement will support 154,000 U.S. jobs annually, totaling over 1 million jobs in the United States during the course of production and delivery of this deal,” the White House stated.
The agreements were signed during Trump’s trip to the Middle East.
