Qatar May Be About to Annoy Saudi Arabia Even More

      Published on Thursday, 6 December , 2018      1729 Views     
Qatar May Be About to Annoy Saudi Arabia Even More


Qatar’s surprise decision to leave OPEC, announced for maximum effect ahead of the organization’s meeting this week in Vienna, has inevitably raised questions about whether it might also quit the Gulf Cooperation Council.



The GCC’s annual summit is Dec. 9 in Riyadh, and a similar announcement would undoubtedly irritate and embarrass Saudi Arabia. Tempting as this might be, the Qataris would do well to stay put.

The explanations offered by Qatar for its withdrawal from the Organization of the Petroleum Exporting Countries after 57 years could easily — indeed, more convincingly — be used to justify an exit from the GCC.

Sheikh Hamad bin Jassim bin Jaber Al Thani, Qatar’s former prime minister, has tweeted that OPEC “is only being used for purposes aimed at harming our national interest.”

That goes double for the GCC, where two of its six members — Saudi Arabia and the United Arab Emirates — are prime movers in the economic blockade of Qatar.

(The blockade has been going on for 18 months and counting, and it stems from Saudi accusations that Qatar is destabilizing the region by cozying up to Iran, charges Doha contests.)

The inability of the GCC to resolve the dispute has underscored the council’s limitations. Qatar may now believe that it has nothing materially to gain from continued membership.

But here’s the twist: Exiting OPEC, a powerful cartel with a real impact on world affairs, will cost Qatar little, being a minor-league oil producer with little influence on the group’s decisions; leaving the GCC, an ineffectual grouping that has little impact on regional affairs, could cost it a lot.

If Qatar were to pull out, it would reinforce the Saudi-Emirati claim that the ruling family in Doha is undermining the Arab consensus.



Staying in the alliance allows Qatar to signal that it is committed to regional cooperation, putting the onus for ending the blockade on the Saudis and Emiratis.

Keywords:
Category Gulf News, Qatar | 2018/12/06 latest update at 3:21 PM
Source : Bloomberg | Photocredit : Google
1730 Views
Comments Add comment



Related Articles

The editorial staff of Saudi Arabia Today would like to give all of its readers from Gulf and Saudi Arabia and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Saudi Arabia Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Saudi Arabia, the Gulf and the world.


Sponsored Publications



STEP Conference To Make Its Mark In Saudi Arabia In March
Saudi Arabia Saudi Arabia news

STEP Conference To Make Its Mark In Saudi Arabia In March

STEP Conference is getting all set to launch its first summit in the Kingdom of Saudi Arabia in Riyadh on…

Oman tourists expected to rise to 3.5m by 2023

Saudi Arabia new rules

Property prices continue to fall in key UAE markets

King Salman receives Kuwait’s National Assembly Speaker in Riyadh King

King Salman receives Kuwait’s National Assembly Speaker in Riyadh

King Salman received Kuwait’s National Assembly Speaker Marzouq Al-Ghanim and other members of the Assembly at Al-Yamamah Palace…

Saudi Arabia: King Salman welcomes Lavrov to Riyadh Gulf TV, Saudi Arabia

Saudi Arabia: King Salman welcomes Lavrov to Riyadh

King of Saudi Arabia Salman bin Abdulaziz Al-Saud received Russian Foreign Minister Sergei Lavrov and his Russian delegation…

Saudi king meets Russian foreign minister in Riyadh King

Saudi king meets Russian foreign minister in Riyadh

Saudi Arabia’s King Salman met Russian Foreign Minister Sergei Lavrov in Riyadh on Tuesday, footage on the Russian…

King Salman receives dignitaries in Riyadh King

King Salman receives dignitaries in Riyadh

The Kingdom’s Grand Mufti Sheikh Abdul Aziz Al-Asheikh, senior scholars, ministers and a group of citizens called on…

GULF TV

Popular in GULF TV

PIRELLI “DREAMING” – THE CAL 2019 making of Full Version | Fashion Channel

1990 Views

A photographic tale of the aspirations of four women and their determination to achieve their goals, each one…

Latest videos in GULF TV

Events

Lifestyle

Culture

Sport

Science & Technology

Government