US, Qatar sign deals worth $1.2tn in economic exchange

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Agreements signed by US President Donald Trump and Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani on Wednesday will “generate an economic exchange worth at least $1.2 trillion,” the White House said in a fact sheet, summarizing some of the deals’ details.

The agreements include a $96 billion deal with Qatar Airways to buy up to 210 Boeing 787 Dreamliner and 777X airplanes with GE Aerospace engines, the fact sheet said. They also include a statement of intent that could lead to $38 billion in investments at Qatar’s Al Udeid Air Base and other air defense and maritime security capabilities, it said.

Earlier on Wednesday, Trump met with Syria’s president in Saudi Arabia and urged him to normalise ties with longtime foe Israel, after a surprise US announcement that it would lift all sanctions on the Islamist-led government.

Trump met Syria’s Ahmed al-Sharaa, who once pledged allegiance to al Qaeda and swept to power at the head of a group that Washington has called a terrorist organisation, before a summit between the United States and Gulf Arab countries.

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