US announces $1.45 billion annual aid for Jordan for next five years

Deal will help boost King Abdullah's economic reform plan

US President Joe Biden attends the GCC+3 summit in Jeddah, Saudi Arabia. Reuters

Saudi Crown Prince Mohammed bin Salman speaks during the Jeddah Security and Development Summit. AFP

Mr Biden takes notes while an usher serves coffee during the Jeddah Security and Development Summit. AFP

Egypt's President Abdel Fattah El Sisi attends the Jeddah Security and Development Summit. AFP

Jordan's King Abdullah II attends the Jeddah Security and Development Summit. AFP

Mr Biden speaks during the GCC+3 meeting. AFP

Leaders and representatives of the Gulf Co-operation Council countries, as well as the US, Egypt, Iraq, and Jordan, attend the Jeddah Security and Development Summit. AFP

From left: Asa'ad bin Tariq Al Said, Deputy Prime Minister of Oman and Special Representative of the Sultan, the UAE's President, Sheikh Mohamed, Egypt's President Abdel Fattah El Sisi, Bahrain's King Hamad, US President Joe Biden, Saudi Crown Prince Mohammed bin Salman; Jordan's King Abdullah II, Qatar's Emir Sheikh Tamim bin Hamad Al Thani, Kuwait's Crown Prince Mishal Al Sabah, and Iraq's Prime Minister Mustafa Al Kadhimi, during the Jeddah Security and Development Summit. Photo: Jordanian Royal Palace / AFP

US President Joe Biden and Saudi Crown Prince Mohammed bin Salman arrive for the family photo. AP

Crown Prince Mohammed receives Sheikh Tamim bin Hamad Al Thani, Emir of Qatar. SPA

Crown Prince Mohammed bin Salman receives Jordan's King Abdullah II. SPA

Bahrain's King Hamad is welcomed by Saudi Crown Prince Mohammed bin Salman, in Jeddah. SPA

Saudi Arabia's Crown Prince Mohammed receives Asa'ad bin Tariq, Deputy Prime Minister and Special Representative of the Sultan of Oman, in Jeddah. SPA

Saudi Crown Prince Mohammed bin Salman receives Sheikh Mishal Al Sabah, Crown Prince of Kuwait, before the Jeddah Security and Development Summit on Saturday. SPA

Egypt's President Abdel Fattah El Sisi speaks with Crown Prince Mohammed after arriving for the summit. SPA

US President Joe Biden is received by Prince Khalid Al Faisal Al Saud, Governor of Makkah, in Jeddah. Photo: Media Office of the Governor of Mecca

Crown Prince Mohammed receives Bahrain’s Crown Prince and Prime Minister Salman bin Hamad. SPA

Iraq's Prime Minister Mustafa Al Kadhimi with Crown Prince Mohammed. AFP

The US will provide $1.45 billion of annual aid for Jordan for five years starting next year, the White House announced on Saturday.

It comes as US President Joe Biden held talks with King Abdullah of Jordan in Saudi Arabia following the Jeddah Security and Development Summit.

The gathering of leaders included officials from the GCC, Jordan, Egypt and Iraq, and came on the final day of Mr Biden's first tour of the region since taking office.

Mr Biden visited Israel, the Occupied West Bank and Saudi Arabia to lay out Washington's vision, strategy and policies towards the Middle East.

"The United States plans to make a commitment to support the provision of no less than $1.45 billion per year in US bilateral foreign assistance to Jordan, beginning in FY 2023 and ending in FY 2029," said the statement.

The agreement will address Jordan's "extraordinary needs, supports King Abdullah II’s economic reform program and ensure the long-term strength of the close partnership between the United States and Jordan," said the statement.

The leaders discussed the historic ties between Washington and Amman, and addressed regional and international challenges.

"They noted the political and economic value of regional integration, for which Jordan can serve as an important hub for cooperation and investment in infrastructure, energy, water, food security and climate," said the statement.

King Abdullah stressed the importance of Washington's support to the kingdom’s economic reform plans, its efforts to realise more sustainable economic growth and to mitigate the impact of regional crises, the statement said.

The two leaders also reiterated "the strong defence partnerships" between them and "the commitment to their partnership in the fight against terrorism, including through cooperation within the Global Coalition to Defeat ISIS and the Aqaba Process".

On the Israel-Palestine crisis they "reaffirmed their commitment to continue working for a just, lasting and comprehensive peace on the basis of the two-state solution."

The solution stipulates that both sides will be neighbouring states with East Jerusalem as the capital of an independent Palestine.

Mr Biden and King Abdullah intend to "remain in close consultation and further develop the deep friendship between the United States and Jordan," said the statement.