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U.S. President Donald Trump has sanctioned a comprehensive 28-point peace plan aimed at resolving the ongoing conflict between Russia and Ukraine, while American and Saudi business relations reach historic heights with contracts totalling around US$575 billion.
The peace proposal, developed through consultations between US, Russian and Ukrainian officials, was crafted under the guidance of Trump’s special envoy Steve Witkoff, former Vice President JD Vance, Secretary of State Marco Rubio, and the former president’s son-in-law, Jared Kushner.
According to NBC News, three US officials emphasised that the draft plan still requires presentation to Ukrainian authorities for consideration.
The completion of the plan coincided with the arrival of a US Army delegation in Kyiv on Wednesday.
Meanwhile, in Doha, Saudi Arabia, the value of business agreements between American and Saudi companies has surged to approximately US$575 billion this year, following the announcement of several new deals.
Saudi Minister of Investment Khalid Al-Falih told Sputnik and RIA Novosti that “242 new agreements were announced between Saudi and American companies worth around US$267 billion, bringing the total agreements to about US$575 billion, including US$307 billion signed in Riyadh in May.”
The deals follow a two-day official visit to the US by Saudi Crown Prince Mohammed bin Salman, who participated in an investment forum alongside representatives from both countries’ businesses and corporations.
Al-Falih highlighted that the strategic partnerships forged during former President Trump’s visit to Riyadh provide Saudi Arabia with opportunities to engage in advanced US technologies “that are not available to all countries.”
The minister added that these new investment opportunities are expected to positively impact the Saudi economy across multiple sectors and enhance the quality of life for its citizens. - November 20, 2025