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Showing posts with the label Geopolitical

GCC-ASEAN Summit: The Gulf's Pivot to Asia in Shifting Geopolitical Landscape

The Gulf Cooperation Council (GCC) is strategically shifting its focus towards Asia in a geopolitical context that is changing quickly. There will be a turning point with the impending GCC-Association of Southeast Asian Nations (ASEAN) Summit in Riyadh. Beyond conventional oil-centric perspectives, the GCC seeks to forge strong commercial links, realizing the enormous potential of the Asian market. To lessen dependency on oil money, the GCC has economic diversification as a top priority. The geopolitical environment, where Iran is diverting its attention to the East as a result of Western sanctions, is also impacting the GCC's strategic decisions. Regional conflicts are becoming more pronounced in Asia as a result of the expansion of geopolitical competition that was previously limited to the Middle East and Africa. This turn towards Asia is being driven by Saudi Arabia, a transformative GCC player, and is being driven by both economic and geopolitical concerns. Saudi Arabia's ...