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White House says US-Qatar deal will generate $1.2 trillion in ‘economic exchange’

Qatar, US sign deals to boost defence and trade ties.

TAS News Service

info@thearabianstories.com

Wednesday, May 14, 2025

DOHA: Qatari Emir Sheikh Tamim bin Hamad Al Thani said Qatar and US have taken their relationship to “another level” after signing deals to boost defence and trade ties.

In a statement, the White House has said the agreements signed today between Trump and Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani will “generate an economic exchange worth at least $1.2 trillion”.

The statement pointed to $243.5 in economic deals, which includes Qatar Airways buying Boeing planes, weapons acquisitions, and deals related to natural gas and quantum technologies.

It also said the US and Qatar had signed a statement of intent outlining over $38bn in potential investments including support for burden-sharing at Al Udeid Air Base, as well as future defense capabilities related to air defense and maritime security.

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