The U.S. wants to create a $10 billion fund for the Middle East
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The administration of U.S. President Donald Trump has proposed allocating $5 billion to create a fund for rebuilding the Middle East's energy infrastructure.
This was reported by The Wall Street Journal.
According to the proposed plan, another $5 billion is to be provided by eight of Washington's regional partners: Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordan.
Thus, the total volume of the fund could amount to $10 billion. The funds are planned to be directed toward the restoration and development of the region's energy infrastructure.
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