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U.S.–Qatar Agreements to Generate $1.2 Trillion in Economic Exchange

News Desk by News Desk
May 18, 2025
in Diplomacy, Middle East, US & Canada
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U.S.–Qatar Agreements to Generate $1.2 Trillion in Economic Exchange
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The United States and Qatar have signed a series of agreements expected to generate at least $1.2 trillion in economic exchange over the next decade, according to a White House fact sheet. U.S. President Donald Trump and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani finalized the deals during a signing ceremony in Doha, marking one of the largest bilateral economic commitments between the two nations.

Key Agreements and Economic Value

The agreements include:

  • $96 Billion Boeing Deal with Qatar Airways: Qatar Airways will purchase up to 210 Boeing 787 Dreamliner and 777X aircraft, powered by GE Aerospace engines. This is the largest widebody and 787 order in Boeing’s history. The deal is expected to support 154,000 U.S. jobs annually and more than 1 million jobs over the production period.

  • $38 Billion Defense Cooperation Statement of Intent: This outlines planned investments in U.S.-Qatar defense cooperation, including infrastructure and capabilities at Al Udeid Air Base and other security sectors.

  • $2 Billion UAV Agreement with General Atomics: Qatar will acquire MQ-9B remotely piloted aircraft systems. The deal is aimed at enhancing Qatar’s aerial surveillance and strike capabilities while supporting American defense manufacturing.

  • $1 Billion Counter-Drone Technology Deal with Raytheon: Qatar becomes the first international customer of the FS-LIDS (Fixed Site – Low, Slow, Small Unmanned Aerial System Integrated Defeat System), expanding U.S. influence in advanced defense systems.

  • $97 Billion in Parsons Infrastructure Projects: U.S.-based Parsons Corporation has secured 30 infrastructure-related contracts in Qatar, boosting American engineering exports and job creation.

  • $8.5 Billion Energy Infrastructure Contracts for McDermott: McDermott will support seven projects related to Qatar’s LNG expansion, contributing to the development of offshore energy components.

  • $1 Billion Quantum Technology Joint Venture: Quantinuum and Qatar’s Al Rabban Capital will jointly invest in U.S.-developed quantum computing and workforce training technologies.

Trade and Investment Data

  • In 2024, U.S.-Qatar trade reached $5.64 billion, with U.S. exports totaling $3.8 billion and imports from Qatar valued at $1.8 billion, resulting in a $2 billion U.S. trade surplus.

  • Qatar’s greenfield investments in the U.S. totaled $3.3 billion in 2023, focusing on sectors such as hospitality, financial services, energy, and advanced manufacturing.

  • Qatar has invested heavily in the U.S. energy sector, including an $18 billion investment through QatarEnergy in collaboration with ExxonMobil (Golden Pass LNG Terminal) and Chevron Phillips (Golden Triangle Polymers Plant).

  • Qatar is the 12th largest Foreign Military Sales partner of the United States, with active cases valued over $26 billion.

Strategic Impact

The deals aim to:

  • Strengthen bilateral relations between the U.S. and Qatar.

  • Expand U.S. exports and technological influence in aviation, energy, and defense.

  • Support tens of thousands of high-skilled jobs across multiple U.S. industries.

  • Align with Qatar’s 2030 National Vision to diversify its economy and adopt U.S. technologies and standards.

  • Advance the U.S. industrial base through foreign direct investment, especially in emerging technologies like quantum computing and UAV systems.

Broader Context

This $1.2 trillion commitment follows President Trump’s recent announcement of a $600 billion investment deal with Saudi Arabia, and trade agreements with the United Kingdom and China. The White House describes the Qatar deal as part of a broader strategy to revitalize U.S. manufacturing and increase American economic influence globally.

President Trump previously facilitated major aerospace agreements in 2019 involving GE engines for Qatar Airways’ Boeing aircraft, and the current deal builds on that foundation.

The latest U.S.-Qatar agreements signify a major economic and strategic partnership that is expected to boost American manufacturing, defense, and innovation sectors. Both countries stand to benefit through enhanced trade, mutual investments, and long-term economic collaboration across multiple critical industries.

Related stories:

UAE to Invest $1.4 Trillion in U.S. Economy Over Next Decade

US and Saudi Arabia Sign Major Defence and Economic Agreements

Trump pushes for Saudi Arabia-Israel normalization despite ongoing challenges

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