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World / Middle East

Biden will announce $1 billion for food security during Arab summit

Published: 16 Jul 2022 - 01:17 pm | Last Updated: 16 Jul 2022 - 01:40 pm
U.S. President Joe Biden attends a news conference at Waldorf Astoria in Jeddah, Saudi Arabia July 15, 2022. REUTERS/Evelyn Hockstein

U.S. President Joe Biden attends a news conference at Waldorf Astoria in Jeddah, Saudi Arabia July 15, 2022. REUTERS/Evelyn Hockstein

Reuters

Jeddah: President Joe Biden will announce on Saturday during an Arab summit that the United States has committed $1 billion in new near and long term food security assistance for the Middle East and North Africa region, a senior administration official said.

Biden, on the second leg of his first Middle East trip as president, has focused on the planned summit with six Gulf states that make up the Gulf Cooperation Council and Egypt, Jordan, and Iraq.

The GCC leaders are also committing $3 billion over the next two years in projects that align with U.S. partnerships in global infrastructure and investment, the official said.