The United States has opened the days of the foreign investment track before Donald Trump Gulf Trip

by admin
People walk on Creek Harbour, with the Dubai skyline in the background

Unlock the White House Watch watch newsletter for free

The United States has unveiled a “accelerated” investment process for allied countries, a few days before President Donald Trump visited the Gulf Nations who have committed to flowing billions of dollars in American companies and infrastructure, including AI.

Gulf states, which are estimated To manage 40% of the sovereign wealth in the world and are some of the largest investors in the United States, have long been pressure to relieve what they consider as expensive administrative requirements that can slow their expenses in the United States.

The United Arab Emirates in particular are in a hurry to associate with American technological companies while it pushes to become the pre -eminent center of the region for artificial intelligence. The United Arab Emirates announced in March that it would invest $ 1.4 TN in the United States over 10 years.

The US Treasury Department said on Thursday that it would launch a portal where its foreign investment committee in the United States (CFIUS) would collect information from foreign investors before submitting an investment.

He also said that the ministry was “focused on increasing the effectiveness of the CFIUS process” to allow more investment from partner countries where “there is a verifiable distance and independence from foreign opponents or threat actors”.

Abu Dhabi sought to convince American officials that he chose to associate with America on AI and avoided China, and wishes better access to powerful semiconductors manufactured by American companies such as NVIDIA.

US Treasury Secretary Scott Bessent said that the agency was “determined to maintain and improve the open investment environment that benefits our economy, while ensuring that the processing of the process does not decrease our ability to identify and fight against national security risks which can support foreign investments”.

President Trump will visit Saudi Arabia, Qatar and the United Arab Emirates next week, accompanied by American leaders.

Although Riyadh has already undertaken to invest $ 600 billion in the United States in the next four years, and the United Arab Emirates have praised an investment value of 1.4 Cel

President Trump signed a directive on investment policy in America in February, promising to make the United States “the biggest destination in the world for investments” while preventing investments in Chinese government entities and other “foreign opponents”.

Source Link

You may also like

Leave a Comment