US president Donald Trump published a new strategy on Iran. There were two major declarations. The first one related to inacceptability for the USA of the Joint Comprehensive Plan of Actions (JCPOA) signed in 2015 on Iranian nuclear program. The second one related to sanctions against the Islamic Revolutionary Guard Corps (IRGC) that was included in the Specially Designated Nationals and Blocked Persons List.
First of all, we should remember that President Trump did not take the USA out of the JCPOA and did not denounce it. Once again, he simply did not confirm that Iran performed the “nuclear treaty” (which he did before), gave orders to learn if it is possible to amend its terms and conditions, as well as made a declaration that the American party may terminate it at any time. Though in this process he did not give details of the methods, mechanisms, ways and the instruments of this hypothetical denunciation. This is not a simple two party American-Iranian document, this is an international pact, approved and confirmed by the UN Security Council.
As a counterbalance to their boss, a group of National Security advisors to Trump declared that Iran conforms to the conditions agreed. This is a fully substantiated and logical declaration, has the main International watchdog of the IRI nuclear program, IAEA has confirmed 8 times that “Iran is strictly in line with its obligations under the JCPOA”. That is why Trump did not and does not have a formal way to terminate the agreement.
Another issue here is to change the requirements for Iran in this agreement. But this is also less probable because Iran categorically objects to it. Iranian Foreign Minister Mohammad Javad Zarif declared that Tehran will never negotiate on the nuclear deal with the world powers already agreed.
In his turn, the head of Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi confirmed that the terms of conditions of JCPOA cannot be reviewed, and the best way is to follow them.
Russia, China and the European Union also noted that the JCPOA does not need any additions or amendments. Russian Deputy foreign minister Sergei Ryabkov gave a smart remark on that: “There is an American proverb that our colleagues open use in such situations, ‘If it ain’t broke, don’t fix it’.”
JCPOA has been working fine for two and a half years. Former Under Secretary of State and chief negotiator from Washington, together with the other G6 intermediaries and Iran Wendy Sherman warned: “The reluctance of the president to accept the truth about the agreement with Iran, that it works and that it is clearly in the US National Security interests, will have serious consequences.”
We will add that not only for the USA, which will face political, image and moral challenges. All the participants of the nuclear talks with IRI (except USA) support JCPOA and speak for keeping it, criticizing Trump’s position.
Besides that, the fact that Iran went out from under the sanctions, it also became and interesting Target for the international business. Almost all EU countries, as well as Japan, South Korea, China, Southeast Asia are interested in developing economic relations with Iran and are actively against a new anti-Iranian campaign and new anti-Iranian sanctions.
JCPOA is an important historical document that, probably for the first time since 1945 when the nuclear era started, put the nuclear Ambitions of a particular country under control and made it fit the framework of international laws and IAEA requirements. This is a good example of global diplomacy effectiveness that created a precedent of true trust of other parties in the name of nuclear weapons nonproliferation. JCPOA can become a model for diplomatic settlement of regional and world crises.
It should be noted, that Great Britain, Germany, France underline the aspect of nuclear non-proliferation in this treaty and say that it really meets its target. They spoke in support of JCPOA and called to the USA not to take steps that could undermine it and thus undermine the non-proliferation regime for nuclear weapons.
Mass media say, that London, Paris and Berlin called Washington to think it over. French president Emmanuel macron disclosed his intentions to make a visit to Iran, while German foreign office head Sigmar Gabriel declared that White House policy pushes Europe back from the USA and, moreover, causes it to get closer to China and Russia.
Russian President Vladimir Putin will visit Iran in early November where he will have talks with the IRI President Hassan Rouhani. Among the problems discussed there will inevitably be the question of is the JCPOA future. Moscow will once again express its support to this International document.
Destruction of JCPOA by the United States will undermine trust to America and, most negative, to all talks on nuclear problems of the “threshold” countries aspiring to get nuclear weapons, first of all, North Korea, and to further lead two nuclear non-proliferation regime falling.
This or that way, this will cause the USA to become an outlaw country that will not have any moral rights to call anyone to negotiations on new nuclear agreements.
Trump must have understood the consequences of his resolution to leave JCPOA and did not declare it irrevocably. In conditions of a very hard internal policy situation in the USA, he shifted the responsibility for it to the Congress. The Congressmen have 60 days to think over and take a bill on sanctions due to the refusal of the IRI President regarding the conditions of the nuclear agreement and another 10 days for the voting process. That means that the fate of JCPOA will be solved December 24th. There are little partyzans of IRI in the USA, but there are many opponents to Trump. Thus, we don’t know how the Congress will behave in those December days. This is a hard game, just as in American football.
Another version is that the reason for the the anti Iranian campaign initiation is the fact that President Trump is trying to provoke Iran to unilaterally leave JCPOA. For Trump that would be a perfect variant.
In its turn, Iran is also playing its own game, because there are many opponents to this agreement. Now the country sees a hard game between relatively liberal surrounding of President Rouhani and his political and economic opponents.
One of them is the Islamic Revolutionary Guard Corps (IRGC) as well as politicians in the surrounding of Rouhani opponents at the recent election, Ebrahim Raisi and radical clerics. A special attention should be paid to IRGC, that is an organization that has not only military, but also economic power. By the way, in the period of hard sanctions, the structures of IRGC managed to find ways to pass over the limits gaining considerable funds from their activity. It’s natural that IRGC was not interested in lifting sanctions.
There is a political game on, and it is very active. Certainly, JCPOA, the IRI nuclear program which is the object of Iranian national pride, is in the center of this fight.
Antique Iranian activity of trump is playing for opponents of Hassan Rouhani who built his presidential career on conclusion of this nuclear agreement and lifting sanctions imposed on Iran. He managed to reach positive economic results, in his new year address to the nation on March this year he said: “The Iranian people, having taken the Joint Comprehensive Plan of Actions, reached the results we wished, the sanctions chains are broken… The sanctions in the sphere of banking, currency and financial operations, petrol and petrochemistry, insurance and transports – all these “nuclear sanctions” are lifted which created perfect conditions for economic activity of our people.” “I am certain, said president Rouhani, is that our joint effort inside the country and constructive interaction with the world will help our economy to grow and blossom.”
This is so. In 2013 the GDP fell 6% per annum, while in 2016 the Iranian economy grew about 4-6%. The fight on inflation was also successful causing it to fall from the unofficial 40% to around 10%.
JCPOA took Iran from the isolation. In two years Tehran was visited by dozens of state leaders and governments, while the amount of trade and economic delegations can be hardly counted at all. There was information on dozens of transactions for billions of dollars.
This August, when presenting a new cabinet to Majlis, President Rouhani declared that one of the external political priorities of the new government will be keeping the agreement on the nuclear program and its protection from the USA acts. “The most important task of the foreign minister is, first of all, to maintain JCPOA and not too loud USA and our opponents succeed,” Mr. Rouhani said. “Protecting JCPOA means to fight Iranian enemies,” the Iranian President said.
JCPOA destruction or yet even an attempt to do it by the White House will significantly strengthen president Rouhani’s opponents’ position which can eventually lead to serious consequences, up to forceful transition of the executive power from the incumbent president to his opponents. In this scenario, it’s possible that Iran will terminate JCPOA and IAEA will be removed from control over the nuclear activity of Iran which will once again make the IRI nuclear program active and reanimate its military component.
Such a scenario will cause a strong reaction of the USA, Israel, Saudi Arabia which is fraught with yet another possible military conflict in the Middle East.
Another danger is Trump’s resolution to include IRGC In the list of terrorist organization, putting it in line with Al-Qaeda and ISIS.
This caused immediate Tehran reaction. Iranian Foreign Minister Mohammad Javad Zarif said that Iran would retaliate very hard without giving any more further detail.
IRGC Chief commander General Mohammad Ali Jafari, in his turn, made a transparent hint that the Corps would include the US Army into the list of terrorist organizations and make it it’s target like ISIS all over the world, and first of all in the Middle East, to counteract Trump’s allegations in his address. General Jafari persistently recommended USA to leave the Middle East and stay at a distance of at least 2000 km from Iran (the operating range of Iranian medium-range ballistic missiles). There is information that Iranian missiles were retargeted to the objects related to the American Army located in the Middle East.
Thus, the “cold war” between USA and Iran up for almost 40 years is moving step by step into a critical phase thanks to efforts of President Trump’s Administration. Now it is not only Iran and a threat, but there’s a risk that it will spread onto the Middle East currently on fire, as well as the non-proliferation regime for nuclear weapons.
First published in our partner International Affairs
Turkey in the Kurdish Rojava
Since the beginning of clashes in Syria, Turkey has aimed at annexing the left bank of the Euphrates up to Mossul, a strip of land about 500 kilometers long and 30 kilometers wide – an area which is large enough to accommodate the 3.6 million Syrian refugees who have entered Turkey since the beginning of the hostilities against Bashar el Assad.
The above mentioned area between the Kurdish Rojava and Turkey was established by the latter, in agreement with the United States, in August 2019.
It is the area that was invaded a few days ago.
Since the beginning of the clashes in Syria, the United States has wanted the Turkish Armed Forces to be targeted directly against President Assad’s forces, so as to lead either to a splitting of Syria or to the creation of a new regime, open to US and Western influences.
President Erdogan, however, has never agreed to do all the “dirty” work against Assad’ Shiites on his own. He has always asked for the direct and equal support of the US forces.
Here the US and its allies’ operations in Syria have essentially stopped.
The United States has quickly responded to this substantial refusal of Turkey to do the US work in Syria, by involving the Kurds and organizing a Force uniting the YPG Kurds and the Syrian Democratic Forces. It has done so with a military mechanism that – in principle-oversees mainly the areas already bombed by the US Air Force and by the coalition that supported the US dual struggle against Assad and the jihadists of the “Caliphate”.
In any case, however, Turkey does not want any Kurdish organization to monitor the borders between Turkey and Syria.
Hence, this is the dilemma. Turkey has already penetrated the Rojava area on the border with its country, while the Kurds – be they from the PKK or the YPG, two often overlapping organizations – try to ally precisely with Assad, while there is also the concrete possibility of a further Iranian penetration between Mossul and the Southern area of the Kurdish Rojava.
Turkey will also use its Syrian alliances, such as those of the Syrian Interim Government, to unite them with the Syrian National Army, which operates in the region north of Aleppo, and with the National Liberation Front stationed in Idlib.
It should also be noted that President Erdogan knows the real reason for the recent electoral defeat of his AKP Party. Obviously Turkish voters are worried about the economic crisis and the monetary tensions on the Turkish lira, but they are mainly terrified of the pressure that the 3.6 million Syrian refugees on the ground put on the whole Turkish economic and social system.
This is another political prospect for President Erdogan, namely becoming the protector – so to speak – of all Sunnis.
In addition to the pan-Turkish project in Central Asia, President Erdogan knows that militarily Saudi Arabia is a giant with clay feet, while Egypt is unable to project itself onto Central Asia and the Islamic Republic of Iran is finally focused on its pan-Shiite project, with an inward-looking attitude.
For some time now, the Turkish police has been monitoring and arresting a large number of Syrian, Christian or Shiite immigrants, while some leaders of the Syrian community have already been deported to Idlib.
It should also be recalled that the economic and financial effort to build at least 200,000 houses and services in the currently occupied Rojava area, mostly with non-Turkish funds, would be a major boost for the entire Turkish economy, which has long been floundering in a deep crisis.
Clearly, the inclusion of at least 3 million Syrians onto the Kurdish Rojava’s border with Turkey would greatly change the ethnic complexion of the area but, in the future, also of the whole Kurdish Rojava, with obvious positive effects for Turkey.
But there is also the other side of the coin, since there would be an increase of tensions between the Arab world, to which most Syrians belong, and the Kurdish and non-Arab universe that is alien to most of the political, religious and cultural traditions of the Shiite or Sunni Islam.
It should be recalled, however, that this has been the third Turkish penetration into the Kurdish Rojava since 2016.
As far as we can currently see, Turkey’s entry into the Kurdish country is limited to the “Kurdish canton” of Hasakah- Kobanè- Qarmishli.
The rest of the Turkish operation will obviously be calibrated on international reactions, especially of the countries directly concerned by Syria.
The Kurds, however, with their structure of Syrian Democratic Forces, have been among the few real winners of the war in Syria.
This has enabled them to stabilize the internal political structures and the borders of the Kurdish country, although no Kurdish leader has ever spoken of true independence of Rojava, but only of autonomy.
Therefore, the Kurds’ optimal strategic equation depends on the US presence in the East and North-East of their area.
Otherwise- as indeed happened – Turkey would take the whole strip of land at the border.
For the time being, the focus of Turkish operations goes from Ras Al Ain to Tell Abyad, in a span of about 100 kilometers.
As far as we know, in Tall Abyad, the Turkish penetration has been stopped by the Kurdish forces.
This is an area, however, with a very high number of Arabs, that Turkey has already penetrated with its intelligence Services and its organizations.
If the Kurds wanted to keep the territory already invaded by Turkey, there would be very hard clashes and it is not certain that they could win.
Pending the Turkish invasion, the Russian Federation has declared that Turkey has every right to defend its borders, but it has also added that the Syrian state and territorial unity needs to be preserved.
Moreover, the invaded area is not yet under Assad government’s control, but the presence of the Turkish Armed Forces would trigger instability also for Syria, considering that the Kurds of Rojava were (and are) much more friendly with Assad than with the Turkish regime, which has often declared its intention to eliminate Assad’s power system.
There were also massive gold acquisitions by the Turkish Central Bank immediately before the invasion of Rojava.
From January to August 2019, Turkey’s gold reserves reached 362.5 tons (+109), for a total value of about 17.9 billion euros.
Obviously, the fear of sanctions and the concern for national security have currently pushed Turkey to become one of the world’s largest gold buyers.
The above mentioned militiamen linked to the Turkish army are already 7,000, while the Kurdish ones operating in the area are at least 35,000, in addition to the 15,000 soldiers of Asaysh, the internal Kurdish security and intelligence organization.
Too many, and too well trained, not to be a very tough nut to crack also for the Turkish Armed Forces.
The United States – apart from the troops already withdrawn – still have 1,500 soldiers in the area, including special forces, military advisers and Marines – not at the border, but within the area of Rojava, on the border with Turkey and Iraq.
The US bases still operational in the area are ten, plus three aerial installations that allow to operate with transport vehicles, drones and helicopters.
Not to mention the French and British special forces that continue to operate in the area.
The operational assumptions are the following: President Assad could permit Turkey to take Rojava, in exchange for Syria’s green light on Idlib, still largely in the hands of the various forms of sword jihad.
Needless to say, the oil resources of the area are still in Kurdish hands and that both Assad and the other countries of the region want to quickly put their hands on it.
In President Erdogan’ strategic equation the energy problem is not secondary at all.
In Syria, in the Persian Gulf and -as we will see -also in Libya.
The Turkish ship Yavuz will shortly leave for Cyprus to drill the seabed.
The Northern Cyprus State, a direct emanation of Turkey, blocks any autonomous economic action by Cyprus and the Turkish Navy has sealed the Exclusive Economic Zone of Cyprus.
Three large energy companies are interested in Cyprus’ natural gas, namely ENI, Total and Exxon-Mobil.
The ship Saipem1200 was blocked by the Turkish Navy in February 2018, while in January 2019 the French Navy sent the ship Aconit for joint exercises with the Cypriot Navy, with the clear aim of opposing Turkey.
The traditional lack of character – so to speak – of the Italian ruling class.
Turkey, however, has never accepted the UN Convention on the Law of the Sea (UNCLOS) and hence does not recognize Greece’s Exclusive Economic Zone, since it aims at acquiring the island of Kastellorizo, which is very close to the Turkish coast.
President Erdogan, the Head of a traditional land power that, indeed, was essential in the Cold War vis-à-vis the Caucasus and Southern Russia, wants to reach full military autonomy by 2023, according to the Turkish plan Vision 2023.
But, in particular, it wants to turn Turkey into a great maritime power, with a view to controlling the whole Aegean Sea and most of the Mediterranean.
Greece, however, is becoming the new US military center in the Mediterranean. The United States will support the new Greek military build-up but, above all, will help Greece to explore the depths of the Aegean and Ionian seas, as well as Crete, for oil.
In terms of migration, which is the EU No. 1 problem, President Erdogan skillfully exploits the EU weak presence and strategic irrelevance – if not non-existence.
In 2016, the Turkish leader collected the 6 billion euros promised by Germany and paid by the whole EU to keep the refugees in his country.
Turkey, however, wants a new agreement, much more burdensome for the EU, claiming it has already stopped as many as 270,000additional migrants in 2018 and 170,000 in 2019.
It is easy to predict that the silly Europe will give President Erdogan what he wants.
It is by no mere coincidence that boats of migrants leave the Turkish coasts – without any control – heading to the Greek islands of Kos, the ancient kingdom of Hippocrates, and Chios, the homeland of Homer and Lesbos.
Migration management is an indirect strategy technique.
Reverting to the Syrian case, another example of this new project of Turkish grandeur, we wonder why – assuming that there was a moment “x” – the United States gave the “green light” to President Erdogan for his invasion of Northern Rojava.
Probably the United States is thinking of a possible future clash between Turkey, Russia and Iran, which right now are organizing a Syrian Constitutional Committee, with the UN support.
Causing difficulties for Turkey in the Astana negotiations? It is a possibility, but much more would be needed to create tension around Turkey.
Turkey, however, should also deal with the 60,000 “Caliphate” fighters, detained in the Kurdish prisons.
It is not at all certain that Turkey wants to take care of them.
Dropping a jihadist bomb would be a threat for which no one could say no to Turkey.
A trace of Turkey’s current “policy line” can also be found in Libya.
Turkey has provided Fayez al-Sarraj’s Government of National Accord (GNA) with missiles, armored vehicles, drones and light weapons.
Probably Turkey has also favored the arrival of Jihadist militants from Syria to Libya.
The real clash is, here, between Turkey and Egypt, supported by the Gulf States.
Through their base in Niger, the Emirates support Haftar, who can thus control Fezzan.
Furthermore, through its support to the Muslim Brotherhood and other Islamist groups, Turkey wants to have a Libya divided between various areas of influence – as in Syria – with the aim of getting its hands – through al-Sarraj’s government – on the huge Libyan oil reserves: 48 billion barrels, plus the possible reserves from fracking, i.e. additional 26 billion barrels.
Apart from the size of oil production, which is much more relevant in Libya, now we can clearly see it is the same project that Turkey is carrying out in Syria.
Not to mention Misrata, where there is a tribe of Turkish origin, the Karaghla.
In any case, Turkey will reach the maximum power of blackmail vis-à-vis the poor EU and, in the future, vis-à-vis the Atlantic Alliance itself, to play the game of Islamic radicalism in contrast with Egypt and the Gulf countries.
The starting point will be the Turkish presence in Syria, which will be used for a rational division of the spheres of influence.
Has Assad succeeded in overcoming the Syrian crisis?
A series of revolutions swept through the Arab region. The first torch was from Tunisia when protester Mohamed Bouazizi burned himself in opposition to the regime of Zine El Abidine Ben Ali. This wave of revolts led to the overthrow of many Arab regimes and leaders in Tunisia, Egypt, Libya and other Arab countries. There has been a state of destruction, displacement and economic collapse in the countries affected by the revolutions, a lot of killing, torture and political division, as well as the penetration of terrorist groups in the Arab world.
The revolution began in the form of peaceful protests, but soon developed using violence between the Syrian army and opposition groups. Over time, the Syrian opposition was divided into a peaceful opposition aimed at overthrowing the Assad regime through diplomatic means and the armed opposition, which was divided into several factions: the Free Syrian Army, Jabhat al-Nusra and ISIS, as well as other armed factions.
This difficult situation brought the Syrian regime into a stage of internal popular and military pressure, which led to a request for military assistance from Russia. Russia responded to Assad’s request and defended the Syrian regime in earnest. Russia, which had good relations with the Libyan regime, did not veto the UN Security Council in favor of the Gaddafi regime. In the Syrian crisis, however, Russia and China have vetoed the UN Security Council in favor of the Assad regime, and they defended the Syrian regime in international forums.
Russia, which has historical ties with the Syrian regime, regards Syria as an extension of its strategic interests in the Middle East. Evidence of this is the presence of Russia’s military base in Syria, which is Russia’s only military base in the Middle East. Iran also stood by the Syrian regime in its war, and there was constant coordination between the Syrian and Iranian leaderships. On the other hand, the United States, Saudi Arabia and Turkey demanded that Syrian President Bashar al-Assad step down and replace the existing regime with a new regime. The United States has repeatedly threatened military intervention to strike the Syrian regime, but the American threat has always been matched by a Russian willingness to retaliate, creating a balance of power on the Syrian battlefield.
Russia’s active support of the Syrian regime and its allies’ support led to Assad’s steadfastness, despite widespread international dissatisfaction with this outcome. Syria’s political position has not yet changed, but the Syrian-Russian-Chinese-Iranian alliance has been strengthened. Many military analysts believe that what happened in Syria cannot be repeated with other countries. The most important reason is Syria’s strategic geographic position and the need for a regime like Assad to govern Syria for the time being.
The Assad regime has not collapsed, but there has been an internal and international resentment that did not exist in the past. This is expected to happen because of the nature of the Syrian regime’s alliances and the division of the region between an eastern and a Western axis. But the Assad regime has been able to withstand and maintain its position in the face of the severe crisis in Syria.
The Syrian regime must work hard to involve the Syrian opposition in government and form a government that includes all strata of Syrian society so as not to feel a large segment of the Syrian people injustice, and must increase the margin of freedom in the country. These steps should change the perception that prevailed towards the Syrian regime, and lead to its acceptance internally and internationally in the next stage.
Landing in Riyadh: Geopolitics work in Putin’s favour
When Russian President Vladimir Putin lands in Riyadh this week for the second time in 12 years, his call for endorsement of his proposal to replace the US defense umbrella in the Gulf with a multilateral security architecture is likely to rank high on his agenda.
So is Mr. Putin’s push for Saudi Arabia to finalize the acquisition of Russia’s S-400 anti-missile defense system in the wake of the failure of US weaponry to intercept drones and missiles that last month struck key Saudi oil installations.
“We are ready to help Saudi Arabia protect their people. They need to make clever decisions…by deciding to buy the most advanced S-400 air-defence systems. These kinds of systems are capable of defending any kind of infrastructure in Saudi Arabia from any kind of attack,” Mr. Putin said immediately after the attacks.
Mr Putin’s push for a multilateral security approach is helped by changing realities in the Gulf as a result of President Donald J. Trump’s repeated recent demonstrations of his unreliability as an ally.
Doubts about Mr. Trump have been fuelled by his reluctance to respond more forcefully to perceived Iranian provocations, including the downing of a US drone in June and the September attacks on the Saudi facilities as well as his distancing himself from Israeli prime minister Binyamin Netanyahu following last month’s elections, and most recently, the president’s leaving the Kurds to their own devices as they confront a Turkish invasion in Syria.
Framed in transactional terms in which Saudi Arabia pays for a service, Mr. Trump’s decision this week to send up to 3,000 troops and additional air defences to the kingdom is likely to do little to enhance confidence in his reliability.
By comparison, Mr. Putin, with the backing of Chinese president Xi Jinping, seems a much more reliable partner even if Riyadh differs with Moscow and Beijing on key issues, including Iran, Syria and Turkey.
“While Russia is a reliable ally, the US is not. Many in the Middle East may not approve of Moscow supporting Bashar al-Assad’s regime, but they respect Vladimir Putin for sticking by Russia’s beleaguered ally in Syria,” said Middle East scholar and commentator Mark N. Katz.
In a twist of irony, Mr. Trump’s unreliability coupled with an Iran’s strategy of gradual escalation in response to the president’s imposition of harsh economic sanctions in a bid to force the Islamic republic to the negotiating table appear to have moderated what was perceived as a largely disastrous assertive and robust go-it alone Saudi foreign and defense policy posture in recent years.
While everyone would benefit from a dialling down of tensions between Saudi Arabia and Iran, Mr. Trump’s overall performance as the guarantor of security in the Gulf could in the longer term pave the way for a more multilateral approach to the region’s security architecture.
In the latest sign of Saudi willingness to step back from the brink, Saudi Arabia is holding back channel talks for the first time in two years with Iranian-backed Houthi rebels in Yemen. The talks began after both sides declared partial ceasefires in the more than four year-long Yemeni war.
The talks potentially open the door to a broader Russian-sponsored deal in the context of some understanding about non-aggression between the kingdom and Iran, in which Saudi Arabia would re-establish diplomatic relations with Syria in exchange for the Islamic republic dropping its support for the Houthis.
Restoring diplomatic relations and reversing the Arab League’s suspension of Syrian membership because of the civil war would constitute a victory for Mr. Al-Assad’s main backers, Russia and Iran. It would grant greater legitimacy to a leader viewed by significant segments of the international community as a pariah.
A Saudi-Iranian swap of Syria for Yemen could also facilitate Saudi financial contributions to the reconstruction of war-ravaged Syria. Saudi Arabia was conspicuously absent at last month’s Rebuild Syria Expo in Damascus.
Mr. Putin is likely to further leverage his enhanced credibility as well as Saudi-Russian cooperation in curtailing oil production to boost prices to persuade Saudi Arabia to follow through on promises to invest in Russia.
Saudi Arabia had agreed to take a stake in Russia’s Novatek Arctic-2 liquefied natural gas complex, acquire Sibur, Russia’s largest petrochemical facility, and invest an additional US$6 billion in future projects.
Russian Energy Minister Alexander Novak predicted that “about 30 agreements and contracts will be signed during President Putin’s visit to Saudi Arabia. We are working on it. These are investment projects, and the sum in question is billions of dollars.”
In anticipation of Mr. Putin’s visit, Russia’s sovereign wealth fund, the Russian Direct Investment Fund (RDIF), said it was opening its first overseas office in Riyadh.
RDIF and the kingdom’s counterpart, the Public Investment Fund (PIF), are believed to be looking at some US$2.5 billion in investment in technology, medicine, infrastructure, transport and industrial production.
The Russian fund is also discussing with Aramco, the Saudi state-owned oil company, US$3 billion in investments in oil services and oil and gas conversion projects.
Saudi interest in economic cooperation with Russia goes beyond economics. Ensuring that world powers have an increasing stake in the kingdom’s security is one pillar of a more multilateral regional approach
Said Russian Middle East expert Alexey Khlebnikov: “Clearly, the recent attacks on Saudi Arabia’s oil facilities have changed many security calculations throughout the region.”
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