Turkey's rift with Saudi Arabia will not end soon
Wednesday, January 3, 2018
Significance
The two-day visit has not averted the growing confrontation between Turkey on one hand and the Saudis and the United Arab Emirates (UAE) on the other. This is forming a new and important cleavage in the politics of the Middle East.
Impacts
- Turkish exports to the Gulf countries look vulnerable.
- Turkey will avoid allowing its political differences with Saudi Arabia to affect business links.
- Saudi investments in Turkey, at about 6 billion dollars, will be a stabilising factor.
- Joint ventures in the arms industry could be the main casualties.