... trade and economic cooperation, provoking new tensions with the United States.
Yuliya Alekseeva:
China in the Mashriq: New Best Friend
As a key trading partner of the Gulf states, China has more than
doubled
its oil imports between 2010 and 2020. Saudi Arabia, Iraq, Oman, Kuwait and the UAE act as key oil suppliers to the Middle Kingdom. Chinese companies are expanding their footprint in infrastructure and technology projects of the region. Chinese banks are
providing
funds for major projects, including in Egypt’s New Administrative ...
... represented by the IRP and the STC.
Yet, if we take a closer look, these seemingly positive trends are moving in opposite directions and could ultimately generate new clashes. If we compare the two documents, the RA that was signed under the auspices of Saudi Arabia and the UAE in 2019 but has not so far been implemented, and the JD that has not yet been signed, we will see that they have radically different goals. The RA is intended to bring back to Aden the IRP’s offices that had been pushed out by the STC in August ...
How to ensure security and freedom of navigation in the Persian Gulf?
In recent weeks, the world’s attention has been riveted on the situation in the Strait of Hormuz. On May 12, four tankers owned by Saudi Arabia and the United Arab Emirates were attacked by unknown forces when entering the Strait off the coast of Fujairah. On June 13, this time near the Iranian coast, two more tankers flying the flags of the Marshall Islands and Panama were attacked....