Economic Integration Can Ease Regional Tensions
The New Year has seen relations in the region spiral out of control with Saudi Arabia cutting off diplomatic ties with the Islamic Republic of Iran. Sectarian tensions mounted following the execution of prominent Saudi Shi’a cleric Nimr al-Nimr and the subsequent attack on the Saudi embassy in Tehran. The immediate impacts of this escalation will likely be felt in Yemen, with the latest ceasefire collapsing over the New Year, and in Syria where U.N.-sponsored peace talks are set to begin later this month.