G.C.C., Iran Look to Sea Trade to Reduce Dependence on Oil
Continuing low oil prices have prompted Persian Gulf states to diversify their heavily petro-dependent economies. This issue is forcing the oil-rich states to invest and expand their potential as international trade hubs as a pathway away from the time bomb of single commodity exports. As many Gulf states have outlined in economic plans, as well as developed on the ground, maritime trade is an increasingly essential link connecting the Middle East to the global economy.
The G.C.C. and China’s One Belt, One Road: Risk or Opportunity?
China’s One Belt, One Road (OBOR) initiative does not provide an equal opportunity for all states, and, in the case of the Gulf, it is Iran that will likely benefit over all others. The states of the G.C.C. also factor into Beijing’s plan, just not to the same degree―and that is the problem. Yet, as this essay shows, using OBOR and existing comparative advantages will allow the states of the G.C.C. to balance Iran’s potential windfall.
Much has been made, particularly by Israelis, of the expanding horizons for collaboration between the Jewish state and Arab Gulf states. Israeli ministers and business people lose no opportunity to tout Israel’s interest in expanding ties of all sorts in a region viewed as a valuable market for Israeli industry and an intelligence gold mine.
The battle for Fallujah, Thursday's OPEC meeting, and Hariri's loss in Tripoli
In this week’s briefing, MEI experts Charles Lister, Herman Franssen, and Paul Salem provide analysis on recent and upcoming events including the battle for Fallujah, Thursday’s OPEC meeting, and Saad Hariri’s defeat in Tripoli, Lebanon.
The Potential for Intra-Regional Energy Cooperation
Regional Cooperation Series
This Policy Paper is part of The Middle East Institute’s Regional Cooperation Series. Throughout 2016, MEI will be releasing several policy papers by renowned scholars and experts exploring possibilities to foster regional cooperation across an array of sectors. The purpose is to highlight the myriad benefits and opportunities associated with regional cooperation, and the high costs of the continued business-as-usual model of competition and intense rivalry.
Philip Gordon, a former Middle East policy adviser in the White House, likes to say that President Barack Obama learned three lessons from the region’s unending turmoil.
President Barack Obama’s Thursday visit to Riyadh to participate in the Gulf Cooperation Council summit comes one year after his meeting with GCC leaders in Camp David, and is an attempt to shore up an important relationship at a time when the two sides have been drifting apart over key regional issues.
Monday Briefing: Obama's Last GCC Summit, the Doha Oil Summit, and Iraq's Cabinet Change
In this week’s Monday Briefing, MEI experts Paul Salem, Jean-François Seznec, and Robert Ford provide analysis on recent events including President Obama’s final GCC summit, the Doha oil summit, and protests over Iraq’s cabinet turmoil.
A Look at Oman and South Korea’s Strategic Partnership
Since Oman and South Korea established official diplomatic ties in 1974, trade has largely defined the Muscat-Seoul relationship. Oman’s oil and liquefied natural gas (L.N.G.) and South Korea’s automobiles, electronics, and large vessels have dominated bilateral trade. Yet as Seoul stakes out increasingly vital national interests in the volatile Middle East, a host of geopolitical and security trends will more meaningfully influence the future of Omani-Korean relations.
South Korea’s Diversifying Economic Cooperation in the Gulf
Traditionally, South Korea’s economic relations with the Gulf states have been primarily based on energy trade and construction. The Park Geun-hye administration is keen to expand the scope and boost the value of South Korea’s economic relations with the GCC countries and with Iran.
As objectionable as it may seem to many, it’s becoming increasingly likely that Donald Trump will be the Republican Party’s presidential nominee. It is also no longer a remote possibility for Trump to become the 45th president of the United States come next January. What would a Trump presidency mean for the oil-rich Gulf Arab states?
Chinese President Xi Jinping’s visit last month to Saudi Arabia, Egypt, and Iran represented the first, full frontal launch of China’s One Belt, One Road (OBOR) strategy in the Middle East. The visit has wide implications for Gulf Cooperation Council (GCC)-China relations as the geopolitical chessboard undergoes a major realignment.
Situating the GCC in China's Transforming Roles in Asia
China is a major economic partner of the GCC countries. This essay discusses the size and scope of this economic relationship, and considers how these ties might evolve as China’s ambitious One Belt One Road (OBOR) and Maritime Silk Road (MRS) initiatives take shape.
The demise of Sheikh Khalifa Bin Saeed al-Qassimi, the Arab ruler of the southern Persian governorate of Lingah, in the late 19th century resulted in its bustling port switching to Iranian hands.
