Saudi Arabia’s Global Relations: GCC and Beyond



Over the past three decades, the Kingdom has deepened its economic, political and military relationships with its immediate neighbours in the Gulf Cooperation Council, and most recently has expanded its economic and geopolitical relationship with key emerging global economic powers, specifically China and India. The Kingdom has ensured that its existing multifaceted relationship with other European countries and the USA is still maintained on an amicable basis, but as explored in a previous chapter, it has become noticeable that Saudi trade flows, especially in energy and energy-related products, are now moving towards the Asian economies, rather than towards the USA and Europe. This new openness to the rest of the world has been due to several factors, economic and political, and have been largely driven by King Abdullah bin Abdulaziz.


European Union Monetary Policy Saudi Arabia World Trade Organization Global Financial Crisis 
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© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.Department of Finance and EconomicsKing Fahd University of Petroleum and MineralsDhahranSaudi Arabia

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