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Wednesday, October 30, 2019

The Middle Eastern relations with world powers Essay

The Middle Eastern relations with world powers - Essay Example The relationship between the Kingdom of Saudi Arabia, and the United States of America begun nearly a century ago. This relationship is based on mutual respect and common interests – economic, political, technological and social. The Saudi-US friendship has been through numerous conflicts and crises, but, has grown from strength to strength. The origins of this relationship go back to the personal admiration King Abdulaziz bin Abdulrahman Al-Saud the Kingdom’s founder, held for President Woodrow Wilson. Oil has always been the major element of the Saudi-US relationship. The Kingdom supplies crude oil to the United States averaging 1.52 million barrels per day. Saudi Arabia received quite a number of US companies, which at first came to provide products and services for the oil industry but later entered into other ventures. When Saudi Arabia embarked on an ambitious development program in the industry, healthcare, education, and agriculture, it sought assistance from th e United States. U.S. experts and companies were closely involved in building up the Kingdom’s modern infrastructure, including schools, hospitals, roads, airports, seaports, industrial cities and telecommunications facilities. From that time, United States has partnered with Saudi Arabia in trade for more than fifty years. At present, America exports goods and services worth billions of dollars to the Kingdom, and Saudi Arabia in return exports a sizable portion of crude oil to the United States.... Oil has always been the major element of the Saudi-US relationship. The Kingdom supplies crude oil to the United States averaging 1.52 million barrels per day. Saudi Arabia received quite a number of US companies, which at first came to provide products and services for the oil industry but later entered into other ventures. When Saudi Arabia embarked on an ambitious development program in industry, health care, education and agriculture, it sought assistance from the United States. U.S. experts and companies were closely involved in building up the Kingdom’s modern infrastructure, including schools, hospitals, roads, airports, seaports, industrial cities and telecommunications facilities. From that time, United States has partnered with Saudi Arabia in trade for more than fifty years. At present, America exports goods and services worth billions of dollars to the Kingdom, and Saudi Arabia in return exports a sizable portion of crude oil to the United States. This commercial a nd economic association has resulted in rapid growth, in two way trade. It has increased from $56.2 million in 1950 to over $34 billion in 2005. Joint ventures between American and Saudi companies in fields such as energy, petrochemicals, manufacturing, finance and telecommunications have been formed. An example is Motiva, which is a joint venture involving Shell Oil Company and Saudi Refining Inc. It is one of the major refining and marketing companies in the United States. The US-Saudi relationship extends beyond oil, business and international politics to the people. Thousands of Americans live and work in Saudi Arabia. In turn, hundreds of

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