US-Saudi Civilian Nuclear Deal Approved, Enrichment Excluded by Trump - ForexCracked
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US-Saudi Civilian Nuclear Deal Approved, Enrichment Excluded by Trump

Published Jul 23, 12:34 UTC
Impact
7/ 10, medium
USD coverage tone
+0.3positive
Corroboration
3independent organizations
  • US President Trump approved 30-year US-Saudi civilian nuclear deal.
  • Deal valued at tens of billions of dollars for US firms.
  • Trump clarified the agreement excludes uranium enrichment.

US President Donald Trump has approved a landmark 30-year civilian nuclear cooperation agreement with Saudi Arabia, a deal estimated to be worth tens of billions of dollars. Initial reports on Wednesday indicated the agreement could potentially grant Saudi Arabia uranium enrichment capabilities for its civilian program, with US firms expected to play a central role in its development. However, President Trump clarified on Thursday that the deal explicitly excludes uranium enrichment, stating “There will be no enrichment of material!” The agreement is also contingent on Saudi Arabia establishing diplomatic relations with Israel through the Abraham Accords.

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