The Gulf and Latin America: An Assessment of Expectations and Challenges

Edited by: Alejandra Galindo
Publisher: Gulf Research Center Cambridge
Published year: 2012

Since the last decade of the 20th century, there has been an increase in South-South trade, which is also reflected in the trade between the Gulf and Latin American countries. While trade between the two sides grew substantially during the last decade, there are also renewed attempts to cooperate in other fields. The opening of embassies in Latin America by the Gulf countries and vice versa in the last few years, direct flights between Brazil, Argentina and Venezuela to some of the capitals of the Gulf region, investments by the United Arab Emirates, Kuwait, Saudi Arabia and Qatar in some Latin American countries and the holding of the Arab-South American Summits starting from 2005, among other exchanges, reveal the growing convergence of interests between these two regions. This book covers, in particular, an aspect that is often neglected in area studies, namely the exchange as a whole between the two regions, since most studies on these regions tend to focus on the interactions with developed countries or emerging economies such as China and Russia. From a historical, economic and politically strategic point of view, the book offers a critical examination of the foreign policies pursued by the Gulf and Latin American countries in the renewed exchange that is taking place now

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