Foreign Relations Of Saudi Arabia
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Foreign Relations Of Saudi Arabia
Foreign relations of Saudi Arabia are the diplomatic and trade relations between Saudi Arabia and other countries around the world. The foreign policy of Saudi Arabia is focused on co-operation with the oil-exporting Arab states of the Persian Gulf, Gulf States, the unity of the Arab World, Ummah, Islamic solidarity, and support for the United Nations. In practice, the main concerns in recent years have been Saudi Arabia–United States relations, relations with the US, the Saudi Arabian–led intervention in Yemen, the Israeli–Palestinian conflict, Iraq, the perceived threat from the History of the Islamic Republic of Iran, Islamic Republic of Iran, and the Price of petroleum, effect of oil pricing. Saudi Arabia contributes large amounts of development aid to Muslims, Muslim countries. From 1986 to 2006, the country donated £49 billion in aid.
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries by area, fifth-largest country in Asia, the largest in the Middle East, and the List of countries and dependencies by area, 12th-largest in the world. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Bahrain, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to Saudi Arabia–Yemen border, the south. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of Geography of Saudi Arabia, its terrain consists of Arabian Desert, arid desert, lowland, steppe, and List of mountains in Saudi Arabia, mountains. The capital and List of cities ...
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Saudis
Saudis (; local dialects: , suʿūdiyyīn) or Saudi Arabians are the citizen population of the Saudi Arabia, Kingdom of Saudi Arabia, who speak the Arabic language, a Central Semitic languages, Central Semitic language, and share a common Ancestor, ancestry, history, and culture. They are mainly composed of Arabs and live in the five historical Regions: Najd, Hejaz, Asir, Tihamah and Al-Ahsa Oasis, Al-Ahsa; the regions which the Kingdom of Saudi Arabia was founded on or what was formerly known as the Kingdom of Hejaz and Nejd in the Arabian Peninsula. Saudis speak one of the dialects of Peninsular Arabic, including the Hejazi Arabic, Hejazi, Najdi Arabic, Najdi, Gulf Arabic, Gulf and Southern Arabic dialects (which includes Bareqi Arabic, Bareqi), as a mother tongue. Culture The cultural setting of Saudi Arabia is Arab and Islam, and is often religious, conservative, traditional, and family oriented. Alcoholic beverages are prohibited, for example, however things are slowly chang ...
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World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System. The WTO is the world's largest international economic organization, with 166 members representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, trade in services, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, Import quota, quotas, and other Trade barrier, restrictions; these agreements are signed by representatives of member governments. (The document's printed folio numbers do not match the PDF page numbers.) and ratified by their legislatures. It also administers independent dispute resolution for enforcing ...
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World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ...
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Islamic Development Bank
The Islamic Development Bank (, abbreviated as IsDB) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia. There are 57 shareholding member states with the largest single shareholder being Saudi Arabia. History It was founded in 1973 by the Finance Ministers at the first Organisation of the Islamic Conference (now called the Organisation of Islamic Cooperation) with the support of the King of Saudi Arabia at the time ( Faisal), and began its activities on 3 April 1975. On 22 May 2013, IsDB tripled its authorized capital to $150 billion to better serve Muslims in member and non-member countries. The Bank has received credit ratings of AAA from Standard & Poor's, Moody's, and Fitch. Saudi Arabia holds about one quarter of the bank's paid up capital. The IDB is an observer at the United Nations General Assembly. Membership The present membership of the Bank consists of 57&nbs ...
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Organisation Of Islamic Cooperation
The Organisation of Islamic Cooperation (OIC; ; ), formerly the Organisation of the Islamic Conference, is an intergovernmental organisation founded in 1969. It consists of Member states of the Organisation of Islamic Cooperation, 57 member states, 48 of which are List of countries by Muslim population, Muslim-majority.Pew Forum, The Pew Forum on Religion and Public Life. December 2012.The Global Religious Landscape: A Report on the Size and Distribution of the World’s Major Religious Groups as of 2010." DC: Pew Research CenterArticle. The organisation claims to be "the collective voice of the Muslim world" and works to "safeguard and protect the interests of the Muslim world in the spirit of promoting international peace and harmony". OIC has permanent delegations to the United Nations and the European Union. Its official languages are Arabic, English language, English, and French language, French. It operates List of Organisation of Islamic Cooperation organizations, affil ...
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Muslim World League
The Muslim World League (MWL; ) is an international Islamic non-governmental organization based in Mecca, Saudi Arabia that promotes what it calls the true message of Islam by advancing moderate values. The NGO has been funded by the Saudi government from its inception in 1962, with that contribution growing to approximately $13 million by 1980. Because of the Saudi funding, the League is widely recognized as a representative of the Islamic principles promoted in that country. Under Saudi Arabia's modernization agenda, Vision 2030, the country has embraced what it deems to be a moderate form of Islam, which the Muslim World League seeks to promote in Saudi Arabia and around the world. '' The Oxford Dictionary of Islam'' says that "the group has acted as a mouthpiece for the Saudi Arabian government, which finances it." Muhammad al-Isa is the General Secretary. The organization propagates the religion of Islam, encouraging Dawah and conversion of non-Muslims, and rebuke and d ...
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Gulf Cooperation Council
The Cooperation Council for the Arab States of the Gulf (), also known as the Gulf Cooperation Council (GCC; ), is a Regional integration, regional, intergovernmental organization, intergovernmental, political, and economic union comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The council's main headquarters is located in Riyadh, the capital of Saudi Arabia. The Charter of the GCC was signed on 25 May 1981, formally establishing the institution. All current member states are monarchy, monarchies, including three Constitutional monarchy, constitutional monarchies (Qatar, Kuwait, and Bahrain), two absolute monarchies (Saudi Arabia and Oman), and one federal monarchy (the United Arab Emirates, which is composed of seven member states, each of which is an absolute monarchy with its own emir). There have been discussions regarding the future membership of Jordan, Morocco, and Yemen. Iraq is the only Arab states of the Persian Gulf, Gulf Arab stat ...
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Arab League
The Arab League (, ' ), officially the League of Arab States (, '), is a regional organization in the Arab world. The Arab League was formed in Cairo on 22 March 1945, initially with seven members: Kingdom of Egypt, Egypt, Kingdom of Iraq, Iraq, Emirate of Transjordan, Transjordan, Lebanon, Saudi Arabia, First Syrian Republic, Syria, and Kingdom of Yemen, North Yemen. Currently, the League has member states of the Arab League, 22 members. The League's main goal is to "draw closer the relations between member states and co-ordinate collaboration between them, to safeguard their independence and sovereignty, and to consider in a general way the affairs and interests of the Arab countries". The organization has received a relatively low level of cooperation throughout its history. Through institutions, notably the Arab League Educational, Cultural and Scientific Organization (ALECSO) and the Economic and Social Council of its Council of Arab Economic Unity (CAEU), the League f ...
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Israel
Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Israeli-occupied territories, It occupies the Occupied Palestinian territories, Palestinian territories of the West Bank in the east and the Gaza Strip in the south-west. Israel also has a small coastline on the Red Sea at its southernmost point, and part of the Dead Sea lies along its eastern border. Status of Jerusalem, Its proclaimed capital is Jerusalem, while Tel Aviv is the country's Gush Dan, largest urban area and Economy of Israel, economic center. Israel is located in a region known as the Land of Israel, synonymous with the Palestine (region), Palestine region, the Holy Land, and Canaan. In antiquity, it was home to the Canaanite civilisation followed by the History of ancient Israel and Judah, kingdoms of Israel and Judah. Situate ...
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1973 Oil Crisis
In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced that it was implementing a total oil embargo against countries that had supported Israel at any point during the 1973 Yom Kippur War, which began after Egypt and Syria launched a large-scale surprise attack in an ultimately unsuccessful attempt to recover the territories that they had lost to Israel during the 1967 Six-Day War. In an effort that was led by Faisal of Saudi Arabia, the initial countries that OAPEC targeted were Canada, Japan, the Netherlands, the United Kingdom, and the United States. This list was later expanded to include Estado Novo (Portugal), Portugal, Rhodesia, and South Africa. In March 1974, OAPEC lifted the embargo, but the price of oil had risen by nearly 300%: from US to nearly US globally. Prices in the United States were significantly higher than the global average. After it was implemented, the embargo caused an oil crisis, or "shock", with many short- and long ...
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