US President Donald Trump (PBUH) and Saudi Deputy Crown Prince Mohammed bin Salam Soud participate in a bilateral meeting in a hotel in Riyadh on May 20, 2017.
Mandel and | AFP | Gety pictures
Dubai, United Arab Emirates – US President Donald Trump will fall into the Persian Gulf region – or As it may call it soon, the Arabian Gulf On May 13, on an official trip with a stop in Saudi Arabia, Qatar and the United Arab Emirates.
The risks are high, where visits are made amid turbulent geopolitical tensions. On the agenda, Israel’s-ceasefire, oil, trade, and investment gas deals, and the possibility of new political developments in the areas of semiconductor exports and nuclear programs.
“We expect to see a lot of ads. I believe in a wide range of regions as well,” Monica Malik, the chief economist at Abu Dhabi Bank, told CNBC on Friday. She pointed to the possible removal of Trump’s definitions by 10 % on aluminum and steel, which will be positive for the Gulf states because some of them export these minerals to the United States, although they only constitute a small percentage of the GDP of countries.
Trump has long enjoyed a warm relationship with the Arab Gulf countries, especially the United Arab Emirates and the Kingdom of Saudi Arabia, where his children have many business and planned projects planned. These relations can enhance the hands of countries when it comes to negotiating new trade deals – with concerns among critics about the conflict of potential interests, and the accusation that the Trump family rejects.
During the president’s initial term in his position, his first foreign trip to Saudi Arabia-a country now hosts the negotiations that Trump hopes to end the war of Russia, which makes the Kingdom more important to Washington. Meanwhile, Qatar has played a major role in negotiations between Israel and Hamas due to the ceasefire and hostages.
Wall Street and Amnesty International in the Gulf
The presidential visit attracts several titles Wall Street and the Silicon Valley to the Kingdom of Saudi Arabia. A Saudi investment forum in the United States will contain only this week, and it is scheduled to be held on May 13th in his head of guests, including the CEO of Blackrock Larry Fink, CEO of Palantir Alex Karp, and CEO of major companies such as CitigroupIBM, Qualcommand alphabetFranklin Timbelton, among others. The White House AI and Crypto CZAR DAVID SACKS will also be in attendance.
“We also expect to see many of the announced investment deals,” Malik said. “Both directions, we have already seen that the United Arab Emirates announces a number of investments in the United States in areas such as artificial intelligence, energy and aluminum, but we also believe that there will be opportunities for American companies to increase investment.”
both of them Kingdom of Saudi Arabia and The UAE It has invested extensively in the infrastructure of Amnesty International with the aim of becoming global technology centers. Therefore, the highest mind for these leaders is likely to be the future of American semiconductor exports, which they have not been able to reach yet. National security concerns. But this may change soon.
Trump administration on Wednesday She announced her plan to cancel The Biden era, “The base of the spread of artificial intelligence”, which imposed strict control elements in exporting on advanced artificial intelligence chips, even to the United States friendly nations. A spokesman for the US Department of Commerce said on Wednesday that the base will be replaced by “a much simpler base that unleashes the American innovation and ensures the dominance of American artificial intelligence,” although the details of the new base have not yet been shared.
The United Arab Emirates AI G42 has made efforts to comply with American regulations, including getting rid of Chinese companies and partnership with them MicrosoftThat is, last year I invested $ 1.5 billion in G42.
Nuclear ambitions
The Trump administration actively participated in talks with Iran on its nuclear program – talks that the United Arab Emirates and the Kingdom of Saudi Arabia have expressed support. This enthusiasm represents a flagrant contradiction with the positions of those countries towards any American dealing with Tehran during the years of Obama.
At the same time, Saudi Arabia wants its own civil nuclear program and has asked the United States approvals and assistance in this direction. Any American support for a Saudi nuclear program was previously dependent on the Kingdom of Saudi Arabia, which normalizes diplomatic relations with the US ally – but that could change during this visit, According to media reports Quoting sources with knowledge of the matter.
US Energy Minister Chris Wright said, during a visit to the Kingdom in April, that the Kingdom of Saudi Arabia and the United States were in a “The Path” To a civil nuclear agreement – but any other ads will come from Trump itself.
Israel negotiations, Gaza
Another major topic will be the future of Gaza. Trump has pledged to end the war, while also controversially indicates that the United States could control the tape that was converted into the war, which he described as “important real estate”, comments emerged from Arab leaders.
The United States continued to pay the ceasefire deals, the most recent of which is to stop a 21 -day hostility and issue some hostages, while Israel agreed this week to expand the fighting and regional control in Gaza.
“We have not yet heard a comprehensive plan from the Arab world.”
“If we’ll see a response, the Arabs will be led, then it is possible now or never,” Branch said. “I think it will be dealt with very carefully behind the scenes … Perhaps more than a long -term geopolitical danger from any instant macro risks.”
Oil and financing
A branch suggested that lifting US sanctions on Syria under its new government can also be discussed. Meanwhile, reports that the Trump administration will announce the renames of the Persian Gulf to the Persian Gulf, will be enthusiastic about the Arab states, but it can attract great anger from Iran at a time of sensitive nuclear negotiations with Tehran.
Oil prices will also be in focus; Trump has long pushed OPEC states, led by Saudi Arabia, to pump more oil to lower US consumer prices. to A mixture of causes, The Kingdom of Saudi Arabia is working specifically – but it may have to change the path in the coming months if the prices remain defeated, The Kingdom’s revenue is harmful.
In this context, funding will be an important element in the Kingdom’s agenda during Trump’s visit, according to ADCB.
In November, the Kingdom of Saudi Arabia pledged to invest $ 600 billion in the United States over the Trump period – but it also has Sky costs high to see 2030 Investment aspirations. Low global oil prices and public spending projects on large tickets Expand the budget deficit for the leadership.
Malik said: “With oil prices where they are, the Saudis will discuss more support for financing from America and also look forward to applying with their investment program.”
Correction: This article has been updated to reflect the case of the G42 as a special technology company.
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