Wednesday, 17 July 2013

The strategic interest of the Middle East is tapering

The Middle East, defined in broad terms to include both Egypt and Iran, and the countries in between, remains the most unstable region of the world. It includes very dramatic and intricate crisis, such as the ones in Syria, Palestine, Lebanon, and very fragile governance regimes, such as the ones in Jordan, Iraq and Bahrain, without mentioning Saudi Arabia, which many consider to be experiencing the initial symptoms of instability. It is also home to serious ethnic and sectarian conflicts, as the Kurd situation, which concerns several countries, the rivalries between Sunni and Shia power elites, and the proliferation of extremist groups illustrate. The region is also deeply affected by Israel’s policy towards the Palestinian people.

View from the West, the region has lost a good deal of its strategic importance. Oil from the Middle East can now easily be replaced by oil from other parts of the world, including the US and Canada. Oil is therefore a much weaker argument when looking at the Western interests in the region. Religious fundamentalism and its violent manifestations are still a reason to pay attention to the region. But even in that domain, home-grown fundamentalism in the EU and the US are now getting more attention than distant threats that might be taking roots in the Middle East.

Also, from a trading perspective, the region is perceived as a small market, notwithstanding the wealth available within some of its leading circles.


The trend is therefore to switch the attention away from the Middle East to other parts of the world. 

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