Foreign Pool #4 Saudi Crown Prince Oval Spay with POTUS

Pool ushered to the oval at 12:27 PM. Both leaders were already seated. The Crown Prince spoke in English, Although there was a Saudi translator behind him. He made a short statement and took few questions.

This is a highlight of Crown Prince's statement in the Oval Office:

Saudi–U.S. relations span nearly nine decades, and today marks an especially important moment as both countries look toward the future. Saudi Arabia believes in America’s economic direction and the foundations being set for growth and global stability. During this visit, the Kingdom will announce increased investment opportunities, with new agreements in areas like technology, AI, advanced materials, and other sectors that will create significant economic benefits.

Saudi Arabia sees the U.S. as a long-term partner in developing emerging technologies that will shape the coming decades and wants to be an active contributor to this future.

Asked about the trillion dollars investment and if the kingdom of Saudi Arabia will continue to do that with oil prices in the mid 60s for a barrel.

Crown Prince said: "We are not creating a big opportunities to please America. It's a real opportunities. For example, we ask about the AI and the chips. Saudi Arabia have a huge demand of unique computing power, and we are going spend in the short term around $50 billion by consuming those semiconductors in Saudi Arabia.

Asked about the US intelligence conclusion that Saudi orchestrated the brutal murder of a journalist and that 911 families are furious he is here.

Crown Prince said: "I feel painful about 9/11 families in America, but we have to focus on reality. Reality is that Osama bin Laden to use Saudi people at that event, for one main purpose which is to destroy the American Saudi relation. That's the purpose of 9/11. So whatever buying that means they are helping Osama bin Laden Purpose of destroying this relation. You know that strong relation between America and Saudi Arabia is bad for extremism, It’s bad for terrorism.

About the journalist, it's really painful to hear about anyone who is losing his life for no real purpose. And it's been painful for us in Saudi Arabia. We've did all the right steps of investigation, etc, in Saudi Arabia, and we've improved our system and it's painful and it is a huge mistake. And we are doing our best that this doesn't happen again. "

Asked about the Abraham Accords discussion

Crown Prince said: "We believe having a good relation with all the Middle Eastern countries is a good thing, and we want to be part of the Abraham Accord, but we want also to be sure that we secure a clear path of two state solution. And today we have a healthy discussion with Mr. President that we're going to work on that to be sure that we can prepare the right situation as soon as possible to have that".

Asked about the direct talks between the United States and Iran. Have you been fully briefed on that? And are you concerned at all about how this might impact Saudi security interests.

Crown Prince said:

"We are close allies and we are working closely together on that issue, and we would do our best to help to reach a deal between America and Iran. And we believe it's good for Iran’s future to have a good deal that would set the path for the region and the world and America, so we will do our best to see that day happen".

Asked about the cooperation between the United States and Saudi Arabia when it comes to technology and AI and how would that serve 2030 vision, Crown Prince said:

"Saudi Arabia and the United States are signing multiple agreements across industries that bring mutual economic value. For the Kingdom, AI is especially important because future workforce shortages will require relying on advanced computing to sustain GDP growth. Saudi Arabia expects strong long-term demand for AI and computing power, and aims to partner with U.S. private sectors to secure that supply, creating significant opportunities for both countries".

Asked to elaborate where the bilateral relationship is, the strategic partnership between Saudi Arabia and the United States heading, and what's the big picture there?

Crown Prince said: "I don't think it's a relation that we can replace it from the Saudi side or the American side. It's a critical relationship politically, economically and for our security, for our military, for many things, and it’s been there for my nine decades and the opportunities that we have today are huge, and seems they are going to be get deeper in the next few decades, and we are happy today and tomorrow with President Trump and the new chapter in this relation that will add value to both of us".

Asked about what to expect from the cooperation, AI deals, etc.

Crown Prince said: "We have no limits. We just continue to pushing forward. There are limits. So we just push forward the opportunities that we have".

Please check against the transcription. More to come

Nadia Bilbassy ​​​​

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