Wednesday, May 13, 2020

Developing Economic Initiatives During The United States

country to review its foreign investment in oil producing nations, which were mainly Arab countries. Following the embargo, experts from both Saudi and the U.S worked together to re-build the ties that bound them. The process involved renewing military cooperation and developing economic initiatives that promoted recycling petro-dollars to the U.S through Saudi investment in industrial expansion and infrastructure. When Roosevelt left office, Carter and Reagan attempted to strengthen the relationship by supporting anticommunist causes (Bahgat, 2003). Trade Relationships between 1991 and 2000 The shared anti-communist interests that shaped the United States –Saudi Arabia relations were eliminated after the end of the cold war. The interests to prevent conflict through threats to the political status of the Persian Gulf region were strengthened. During this period, the conflicts between the U.S and Saudi persisted due to perceptions about the Arab-Israeli conflicts. Political activists in the Kingdom created domestic debates over the policies that were proscribed by their government in the 1950s and 1960s. The bilateral relationships in the period have been strong especially in areas such as defense but weakened in some areas. For example, the political ties were affected by the disagreements over the resurgence of Israeli-Palestinian conflict in 2000 (Ahmed, 2005). United States –Saudi Arabia trade relations have grown significantly because the policy and trade challengesShow MoreRelatedThe Effects Of Climate Change On The World1609 Words   |  7 Pagesrecord low polar ice caps during the summer of 2012, record drought in California, excessive flooding in the eastern half of Texas and record heat in India. This is all evidence of what our â€Å"normal† climate will be like in the future. If we don’t act right now, we will live in a world where cities along the coast like Miami, New York and New Orleans will be partially underwater. 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