Russia and Saudi
Arabia are listed in most influencing oil-producing countries. With a lot of
stake for both oil-producing countries, the relationship remains close and
long-term relationship a different dimension. Particular pact of 2016 resulted
in a close relationship for OPEC and non OPEC producers. In a sign that Saudi Arabia and Russia might
not be on the same page the concern of the countries is to have a volatile
relationship in oil market Saudi Arabia is working efficiently to maintain the
relationship (KOSACH & MELKUMYAN, 2016). The as these
countries are referred to as a Petroleum superpower due to delivery of crude
oil production. The foreign policy of Russia in the Middle East is associated
with a multi-dimensional endeavor that calls a number of strategic
relationships between influencing regional areas. Russia is pursuing a
partnership with Saudi Arabia that is dependent upon comprehensive task
provided by the Federation of Russia.
Saudi Arabia is a leading country in the cooperation Council for Arab
states of the gulf that is similar to Russia wild Saudi Arab is working as
Global Oil market. The change in the world and Saudi region resulted in the
declaration of socio-economic transformation that was linked with a new opportunity
is provided between two countries on the basis of the vision of Saudi Arabia
until the year 2030. On the basis of there is a strategic relationship, it can
be concluded that Saudi Arabia and Russia have never enjoyed an improved
strategic relationship (Hossain & Ahmed, 2018). Both countries are
striving for multilateral and sustainable business. The development of a mutual
relationship and mutual tie is affected by the track record of relations. The
lack of trust comprises regional issues. Despite the complex nature of the
relationship between Saudi Arabia and Russia, Saudi Arabia still interrupts
activities of Russia related to the manifestation of Islamophobia. The presence
of Russia in the Middle East needs to reckon with Saudi Arabia and current
presence is associated with Russian allied relations with other countries at
incumbent with the siren government. The willingness of the Saudi business
community towards diversification in economic foreign dies and official policies
is appreciable (CNBC. com, 2018). Russia is facing isolation in the
developing countries, the significant policies are developed in the country to
exploit the compromising other countries and state the established strategic
relationship between two countries. The aim of the present work is to identify
the current situation of the relationship between Saudi Arabia and Russia. The
Other factors will be also considered in the present a report is to spot
history of the relationship between Russia and Saudi Arabia, the current
situation of the relationship, on their personal growth, and some of the
recommendations will be advised in the present report.
History of the relationship between the
Russia and Saudi Arabia
The diplomatic
relationship between Saudi Arabia and Russia was based on the trade
considerations. In 1926 the Soviet Union was the first known Islamic country
that recognized the kingdom of Saudi Arabia as a state. The founder of Saudi
Arabia was highly keen to develop a relationship between other countries and
used bipolar world turns to develop long term relationship. Recently a few
years back the active Saudi Arabia and Russian political contract with other
GCC countries (Timesofisrael. com, 2018).
relationship between the Russia and Saudi
Arabia 2003
The historic
Vision of relationship in 2003 defines a long term perspective relationship
between Saudi Arabia and Russia. All the
Russian Oil Companies got to the shares with development projects and
Exploration projects in Saudi Arabia. The rising activity in These areas was
related to Russian energy companies. In 2003 the rising activities in These
areas related to joint intra government Russian are Saudi Arab Commission on
the cooperation of the trade. Humanitarian ties between both countries
efficiently to keep the close contact heavier the Russian Muslims in Masco are
financed with different types of economic and Islamic education programs (Blas & Farchy, 2019).
relationship between the Russia and Saudi
Arabia in 2007
In
2007 the first Russian President state visited Saudi Arabia and his main aim
was to strengthen the international Treaty framework. International Framework
discusses the military-technical cooperation, prospects of oil and gas
corporation, and development of efficient infrastructure of transportation in
Saudi Arabia. Indeed, the key agreement between both countries has four major
directions purchase gas oil and energy, trade financing and investment,
technology in education and science. The statistics show a high number of
performance of Saudi Arabia. Riyadh and Moscow are standing first in the
conflict resolving countries that support opposing forces, but they perceive
trouble making issues to be resolved in the region (KOSACH & MELKUMYAN, 2016).
relationship between the Russia and Saudi
Arabia in 2011
The relation between Russia and Saudi in 2011
was taking a higher level of engagement with the Russian foreign minister
visit. The ministerial session was designed to have a strategic dialogue
between a foreign minister of Russia and Foreign Minister of GCC
countries.
relationship between the Russia and Saudi
Arabia in 2017
The
relationship in 2017 was taking a new approach. In 2017 Saudi Arabia used a new
approach of international relations for external and internal vision. The
income resources of Saudi according to 2030 vision depends only upon the
production of crude oil. The external strategies of Saudi Arabia open up the
relationship between Iraq and Russia. As a result of the historic visit of King
Salman, the agreement between oil producing countries was preserved with a new
strategic relationship (Hossain & Ahmed, 2018). This version of
Saudi Arabia is highly associated with huge delegation between two countries
especially for the indication of Genuine Desire, investment and business
Strategies for development of mutual cooperation, production of crude oil
between other countries. The first dogma started by Saudi Arabia was dominated
with a pragmatic approach and foreign policies. The absolute partnership in the
business with Russia was relying on this dogma. The shift in a relationship
between both countries is historical literacy, understanding of regional
marginalized arrangements, and the dominating factor for the absolute influence
of Russia (Blas & Farchy, 2019). It is important to
develop an improved bilateral relationship between Saudi and Russia. Secondly,
the interest of Saudi in oil shares is highly appreciable according to the
Russian budget. In addition to previous
zero-sum approach for diplomacy, the political disrupt with a relationship
could lead to different prospection of the business, therefore, it is necessary
to indicate and recognize the business limits of Saudi Arabia with Russian
companies. Saudi Arabia is hoping to offer an economic incentive as well as
economic deals with Russia to have a helpful relationship in the international
market (Hossain & Ahmed, 2018).
Current status of relationship between the
Russia and Saudi Arabia
Currently,
are a huge shift in the relationship between the two countries is evident from
their historical Legacy and rivalry. This shift in the relationship is based
upon mutual interest of Saudia and Russia for the developmental programs. Saudi Arabia recognized Russia as an
influencing international country with economic development and benefits.
Russia is working on a traditional managerial role in the international market
to illustrate itself for the illustrated original country. Moscow is mainly
looking for the economic relationship between Saudi Arabia and Russia (Blas & Farchy, 2019). The current oil
production treatment is shared or interest during December 2016 was signed for
oil production. Promoters improvement in the business was related to the
corporation over the building Arabian Foundation. Russia is highly interested
to develop oil shares in the market and to use the potential disturbing
relationship with other countries. In addition to this, the zero-sum approach
of diplomacy developed by Russia resulted in strong allies with Saudi Arabia
and the United States. The interest of Saudi Arabia is to accelerate the crude
oil production trade with other countries such as the United States and Russia.
Saudi Arabia is making a deal with Russia regardless of other pragmatic
standpoints. Saudi Arabia is hoping to offer economic incentives for Russian
companies and to have a strong relationship between both countries (Blas & Farchy, 2019). According to the
relationship between both countries, it can be concluded that Russia is more
helpful for Saudi Arabia and services are based on common interested that
reduces the influence of strategies in this region. The economic relationship
between Saudi Arabia and Russia is increasing slowly. In order to improve the
business and trade relations with Saudi Arabia, Russia is playing a positive
role to develop groundwork. The expanding business and prevention from texting
and promotion for the cultural changes are considered by both countries. The Saudi
Russian trade between 2003 and 2015 increase up to 235 million dollars. In 2015
the trade between Saudi Arabia and
Russia was only one billion dollars while on the other hand in 2015 the
overall volume of bilateral trade was increased and reached at 1.9 billion
dollars (KOSACH & MELKUMYAN, 2016). The bilateral trade
between Saudi Arabia and Russia is dynamic. According to statistics provided by
the World Bank, the exported goods by Saudi Arabia for Russia was US$
17,734,960 while imported goods worth US$ 17,734,960. The intermediate products
are provided by Saudi Arabia and a sharp decline for Russia. (Cnbc. com,
2018)
In intermediate good metals has observed for Russia in the
past 2 years. The Russian Federation is working on exports and imports and the
delivery of raw materials to Saudi Arabia. The institutional mechanism between
Saudi Arabia and Russia is related to joint intergovernmental Commission trade,
the energy corporation of Saudi and Russia is a notable sector in joint
ventures. Saudi Arabia and Russia are sharing to maintain the stable business
under the Limited Corporation (Blas & Farchy, 2019). The long tension and distrust relationship
after having a complete analysis identified for Saudi Arabia and Russia. The
normalized trade with economic and diplomatic relation is efficient for both
countries. The process provides an opportunity for all different types of
economic operations and strategies used by Russia in Saudi Arabia. Saudi policy
is witnessing the unprecedented transition. Considering the international
situation complexity and present experience of Saudi and Russia the stability
and security in the state is highly required (KOSACH & MELKUMYAN, 2016).
Impact of relationship between the Russia
and Saudi Arabia
The diplomatic
relation between Saudi Arabia and Russia is blooming continuously from past few
years. Saudi Arabia and Russia signed up for eternity and sign dozen Chartered
to formulate the business with OPEC group. The Charter was considered a strong
relationship between Saudi Arabia and Russia and the charter is often
considered as a ring of the relationship between both countries. By signing
this Chartered Saudi Arabia was provided with a key moment to have a diplomatic
effort. Saudi Arabia is planning to invite all the heads of the OPCE group and
the formal group was provided with oil market turbulence (Hossain & Ahmed, 2018). The non-leaning
group of Saudi Arabia is representing almost half of the global oil output.
While on the other hand in the case of Russia, the formulation of this group is
expanding due to influence on the middle east.
The Russian president is confident for all diplomatic strategy and
supplement of the United States in the Middle East. The Charter between Saudi
Arabia and Russia is implicitly recognizing the long term relationship and
agreement between both countries for oil production and process to meet the
demand growth (Timesofisrael. com, 2018). Russian output in
2016 was approximately 11 million barrels while on the other hand, the oil
production in Saudi Arabia was 7% lower than Russian oil production. The consumption
of Saudi Russian is related to Rapid agreement between both countries and the nine-month
extension of output. According to several statistical analysis, the positive
negotiation between both countries is growing dominance for critical relations
and decision-making processes (Blas & Farchy, 2019). Algeria is also
wanting to have a strong relationship with Saudi Arabia but the meeting with
the delegates almost ended in a few hours. The energy affairs of Saudi Arabia
is a smoothly overcoming the previous resolution and Chartered without having
sanctity prejudice. The formalities for having an agreement with other
countries is optimistic and sobering (Blas & Farchy, 2019).
Recommendation on the relationships between
the Russia and Saudi Arabia
Some of the
imperative obstacles are restraining both countries from having competitive
agreements. The mutually beneficial connection is developed between Saudi
Arabia and Russia after the conflict of Syria. The high negotiation committee
in Saudi Arabia is working on contracts with Moscow (Hossain & Ahmed, 2018). The focus of Saudi
Arabia is on the positioning that coincides with other developed countries.
According to the strategies developed in Saudi Arabia, it is important to
achieve National reconciliation and to facilitate political translate. Russia
is having strong relations with other countries, for instance, the Persian
Gulf, the Middle East, and Iran. But it
is important to have condemning contracts designed for Saudi Arabia for having
Limited military interface. Support for the joint statement and fourth round of
strategic dialogue between cooperation Council of Arab states and Russian
Federation is related to development direction but it is important to use
Russian intention for the business growth (Timesofisrael. com, 2018). It is essentially required to confirm the
direction of Russia, supporting contact, Russian community, and uniqueness of
experience for having trade with other countries. The most often the
organization of Islamic cooperation is developing a bridge between Islam and
Russia that work for the fundamental solution of problems. The main objective
of the Russian Corporation was to draw a line between accused of Islamophobia
and comprehensive relationship between Russian Muslims. The liberalization and diversification in the
foreign economic ties of Saudi Arabia can develop a bilateral economic
relationship with Russia at a Higher level (Blas & Farchy, 2019). Russia is able to
offer competitive projects with services areas, therefore, two countries should
join hands and efforts to make contracts and agreements specified for the
cooperation and please show the countries. In this segment is small and
medium-sized businesses can be included to get more benefits and
advantages. The higher Technologies and
innovation startups having a potential impact on the trade growth of Saudi Arab
as well as Russia. It is equally true that improved development in the
relationship between Russia and Saudi Arabia can boost up the cultural
education, cultural diversity, and sports (Hossain & Ahmed, 2018).
Conclusion on the relationships between the
Russia and Saudi Arabia
The main aim of
the present work was to identify the relationship between Saudi Arabia and
Russia. The economic growth and agreement between both countries for crude oil
production are providing benefits to both Saudi Arabia and Russia. The relation
between both countries is strained after a civil war of Syria. The bilateral
relationship between Saudi Arabia and Russia is based on diplomatic Strategies
and oil trade. The presence of Russia in the Middle East is intensifying the
contact with Saudi Arabia for Diversified foreign economic ties. Arabia and
Russia both enjoy strategic as well as diplomatic relations. The relation
between Saudi Arabia and Russia was increasingly solid particularly after the
development of contracts, interreligious dialogue, and inter-civilizational
dialogues. However, in reality, the
concept of the bilateral relationship between the two countries is strongly
associated with Diversified economic. The Saudi vision 2030 is narrowing the
strategic relation with Russian extremists.
References of the relationships between the Russia and Saudi Arabia
Blas, J., & Farchy, J. (2019, 07 03). Saudi-Russian
romance blossoms thanks to oil. Retrieved from www.aljazeera.com:
https://www.aljazeera.com/ajimpact/oil-lubricates-saudi-russian-romance-190703121230580.html
Cnbc. com. (2018, 11 12). Saudi Arabia
and Russia have a ‘long-term relationship’ despite output U-turn, Dan Yergin
says. Retrieved from
www.cnbc.com: https://www.cnbc.com/2018/11/12/saudi-arabia-and-russia-have-a-long-term-relationship-despite-output-u-turn-dan-yergin-
says.html
Hossain, I., & Ahmed, F. (2018). INTERNATIONAL
POLITICS AND THE MUSLIM WORLD. Retrieved from www.academia.edu:
https://www.academia.edu/38302105/THE_RELATION_BETWEEN_SAUDI_ARABIA_AND_RUSSIA._pdf
KOSACH, G., & MELKUMYAN, E. (2016). Possibilities
of a strategic relationship betwen russia and saudi arabia. Retrieved from
russiancouncil.ru: https://russiancouncil.ru/upload/Russia-SaudiArabia-policy-brief-6-en.pdf
Timesofisrael. com. (2018, 11 20). RUSSIA-SAUDI
ARABIA RELATIONS. Retrieved from www.timesofisrael.com:
https://www.timesofisrael.com/topic/russia-saudi-arabia-relations/
