Washington DC [US], May 15 (HBTV): US President Donald Trump has announced a series of agreements with Qatar valued at over USD 243.5 billion, as part of a broader economic partnership projected to reach at least USD 1.2 trillion.
Signed during his visit to Qatar, the deals span key sectors including aviation, energy, defence, and quantum technology. A major highlight is a landmark Boeing-GE Aerospace sale to Qatar Airways—Boeing’s largest-ever widebody aircraft order—which is expected to support more than 1 million American jobs and deepen strategic cooperation between Washington and Doha.
In a statement released by the White House on Wednesday, it was noted: ‘Today in Qatar, President Donald J. Trump signed an agreement with Qatar to generate an economic exchange worth at least USD 1.2 trillion. President Trump also announced economic deals totalling more than USD 243.5 billion between the United States and Qatar, including a historic sale of Boeing aircraft and GE Aerospace engines to Qatar Airways.’
The statement added: ‘The landmark deals celebrated today will drive innovation and prosperity for generations, bolster American manufacturing and technological leadership, and put America on the path to a new Golden Age. Allies like Qatar are partnering in the United States' success.’
The Boeing and GE Aerospace agreement includes a USD 96 billion sale to Qatar Airways for up to 210 Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engines. It marks Boeing’s largest-ever widebody and 787 order. This deal is expected to support 154,000 US jobs annually, contributing over 1 million jobs throughout its production and delivery timeline.
The White House further noted that Qatar will invest up to USD 1 billion in quantum technologies and workforce development through a Joint Venture initiative. This investment is aimed at supporting both US and Qatari jobs, as well as advancing leadership in emerging technologies.
‘Today's signings mark President Trump's intent to accelerate Qatar's defence investment in the US-Qatar security partnership—enhancing regional deterrence and benefiting the US industrial base. The defence deals secured today lock in Qatar's procurement of state-of-the-art military equipment from two leading US defence companies,’ the statement said.
Raytheon, a business under RTX, signed a USD 1 billion deal with Qatar for the acquisition of counter-drone capabilities. The agreement makes Qatar the first international customer for Raytheon's Fixed Site - Low, Slow, Small Unmanned Aerial System Integrated Defeat System (FS-LIDS), which is designed to combat unmanned aircraft threats. The deal is expected to support high-skilled manufacturing and engineering jobs in the United States.
Additionally, General Atomics secured a nearly USD 2 billion agreement with Qatar for the MQ-9B remotely piloted aircraft system. The deal aims to enhance Qatar’s defence capabilities and further strengthen US-Qatar bilateral ties. The aircraft system will be powered by American-made products.
The two countries also signed a statement of intent to expand their security cooperation. The document outlines over USD 38 billion in potential investments, including support for cost-sharing at Al Udeid Air Base and future capabilities in air defence and maritime security.
The White House emphasised: ‘These new agreements and instruments aim to drive the growth of the US-Qatar bilateral commercial relationship, create thousands of well-paying jobs, and open new trade and investment opportunities for both countries over the coming decade and beyond.’
President Trump is currently on a four-day tour of the Gulf region. His itinerary includes visits to Saudi Arabia—also the destination of his first official trip during his earlier term between 2016 and 2020—and the United Arab Emirates.
(ANI)