India, May 14 -- The White House on Wednesday said Saudi Arabia will invest $600 billion in the US economy.

The US reached an investment during US President Donald Trump's current visit to the country.

"The first deals under the announcement strengthen our energy security, defense industry, technology leadership, and access to global infrastructure and critical minerals," the statement said.

The White House said the two nations have also signed a defence sales agreement worth nearly $142 billion.

The agreement will provide Saudi Arabia with warfighting equipment and services from over a dozen U.S. defence firms.

"The package also includes extensive training and support to build the capacity of the Saudi armed forces, including enhanc...