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Administration cites Middle East agreements, promotes foreign investment at SelectUSA summit

3336927 · May 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

An unidentified speaker said the administration announced "landmark agreements worth hundreds of billions of dollars" in the Middle East and highlighted participation at the SelectUSA Investment Summit in Maryland to attract foreign investment that would benefit U.S. manufacturing and workers.

An unidentified speaker said the administration has announced "landmark agreements worth hundreds of billions of dollars" in the Middle East and is promoting foreign investment at the SelectUSA Investment Summit in Maryland.

The speaker said these deals will "expand American manufacturing, strengthen critical supply chains, and fuel innovation." The speaker also said that "at the SelectUSA Investment Summit in Maryland this week, deputy secretary Landau joined the Department of Commerce to promote new opportunities for foreign investment that will directly benefit American workers and businesses." All attributions in this article come from that speaker's remarks.

The speaker framed the announcements as broad economic wins but did not provide specific deal names, contracting parties, dates, or contract values beyond the phrase "hundreds of billions of dollars." The timing of the SelectUSA event was described only as "this week" and no further schedule or follow-up actions were specified in the recorded remarks.

No formal motions, votes, or agency actions were announced in the recorded excerpt. The remarks reported participation by the Department of Commerce and referenced Deputy Secretary Landau; the transcript did not identify Landau's first name or additional officials involved.