US President Donald Trump has approved an agreement with Saudi Arabia that could potentially provide the Kingdom with uranium enrichment capability for its civilian nuclear program, according to two people familiar with the matter.

The people, who were not authorized to comment publicly about the yet to be formally announced decision, said the agreement is expected to be announced publicly on Wednesday.

The deal is expected to last 30 years and is also expected to involve US firms in developing the program. The deal could allow for the building of a uranium enrichment facility in Saudi Arabia following a joint US-Saudi study.

The deal is expected to be submitted to Congress for review.

The decision was first reported by The Wall Street Journal.

The agreement is expected to provide billions of dollars for the US nuclear industry.

A provision in the deal would potentially see American companies build a uranium enrichment facility in Saudi Arabia, The Wall Street Journal reported.

Saudi Arabia is a member state of the International Atomic Energy Agency, a Vienna-based agency which promotes peaceful nuclear work.

Both Trump and former President Joe Biden tried to reach a nuclear deal with the Kingdom to share American technology.

Energy Secretary Chris Wright traveled to Saudi Arabia last year shortly before Trump visited the Kingdom and discussed building out the Kingdom’s commercial nuclear power industry with his Saudi counterpart.