"through which all [UAE] investments are intertwined with the strategic vision of the country's foreign and domestic policies as well as economic goals," with the guidance board mandating "that all investments in operating companies use the resources at their disposal to influence [UAE's interests] abroad ... and partner with leading [UAE] friendly-influential figures to do so."
"While the primary purpose of the platform [will be] to achieve outsized financial returns, it will also accomplish a secondary mandate to garner political credibility for its contributions to the policies of [Trump] ... We will do so by sourcing investing, financing, operationally improving, and harvesting assets in those industries which will benefit most from a [Trump] Presidency."
Tom Barrack cultivated a relationship with Emirati officials beginning before July 2016 and proposed a guidance board to align UAE investments with the country's foreign, domestic, and economic strategies. The guidance board was to require that operating-company investments use their resources to influence UAE interests abroad and partner with UAE-friendly influential figures. The proposal recommended that Barrack work directly with Emirati Official 2 to execute the strategy. After the 2016 U.S. election, the plan anticipated tying investment activity to building political credibility and supporting policies of the incoming administration by targeting industries likely to benefit from that presidency. No specific proceeds or assets are identified.
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