GOP strategist: US-Saudi deals mutually beneficial

Watch GOP strategist: US-Saudi deals mutually beneficial - AlArabiya English on Dailymotion

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00:00But the agreements do cut both ways. How will Saudi Arabia benefit from these agreements

00:06with the U.S.? We mustn't forget that, right? That's an important point to make.

00:11Well, I think the benefit for Saudi Arabia is enormous for two reasons.

00:14I was in the Middle East just a couple of years ago at the Arab Trademark, and I saw the opening

00:19that Saudi Arabia wants to do in terms of its diversification and investment. And it is mind

00:24boggling what the plans are for, frankly, tourism and things we haven't even talked about

00:30and other significant investment in the country. The rapid modernization of the country under its

00:36current leadership is, of course, unprecedented. So having U.S. investment and the latest investments

00:44from particularly what's been discussed, AI, innovative companies, cutting edge, and ultimately

00:49what Saudi Arabia is looking for is to replace energy at some point, decades away, of course,

00:55but it's the long-term plan. So it can benefit enormously from investment from the United States

01:01and the United States as well from Saudi Arabia.