Jared Kushner 2 Billion Dollar Deal With Saudi Arabia
Introduction
Jared Kushner, the son-in-law of the former US President Donald Trump, made headlines in 2018 when he secured a $2 billion deal with Saudi Arabia. Kushner, who serves as a senior advisor to Trump, has been a major player in the Trump administration's Middle East policy. His deal with Saudi Arabia has been both praised and criticized, with some calling it a major diplomatic victory and others questioning the ethics of the deal.
The Deal
The $2 billion deal between Kushner and Saudi Arabia involves the construction of a massive new city in the desert. The city, named Neom, is set to be a hub for technology, renewable energy, and tourism. The project is being led by Saudi Crown Prince Mohammed bin Salman, who is a close ally of Kushner.
The deal was announced in October 2017, during Trump's first official visit to Saudi Arabia. Kushner and bin Salman met during the visit and reportedly hit it off. The two men share a similar vision for the region and have been working closely together ever since. Kushner has described bin Salman as a "strong and capable leader" and has praised his efforts to modernize Saudi Arabia.
Criticism
Despite the potential benefits of the Neom project, Kushner's deal with Saudi Arabia has been criticized by many. Some have raised concerns about the ethical implications of a senior White House advisor doing business with a foreign government. Others have pointed out that the deal could create a conflict of interest for Kushner, who has been involved in shaping US policy towards Saudi Arabia.
In addition to the conflict of interest concerns, there have been questions about the transparency of the deal. The details of the agreement have not been made public, leading some to question whether there are secret provisions that could benefit Kushner or his family's business interests.
Response
Kushner has defended his deal with Saudi Arabia, arguing that it is a major step forward for US-Saudi relations. He has also dismissed concerns about a conflict of interest, saying that he has divested from his family's real estate company and has no financial stake in the Neom project.
The Trump administration has also defended Kushner's deal, saying that it will create jobs and promote economic growth in both the US and Saudi Arabia. However, some members of Congress have called for an investigation into the deal, citing concerns about potential violations of ethics laws.
Conclusion
Jared Kushner's $2 billion deal with Saudi Arabia has been both praised and criticized. While the Neom project has the potential to create jobs and promote economic growth, questions remain about the ethics and transparency of the deal. As the project moves forward, it will be important to closely monitor Kushner's involvement and ensure that there are no conflicts of interest or ethical violations.