Economic Consequences of a Political Deal: The Investigation of the Economic Capacities of the Normalization of Relations between the UAE, Bahrain and Zionist Regime

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Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
The West Asia has always played a major role in the political changes and strategies of the great powers. In this region, there are several countries that of weak economic ties whose relations are mostly associated with the political conflicts. Many of these tensions have revolved around the formation of the state of Zionist Regime or in its relations with others. However, the "Abraham Accords" in 2020, could be a sign of the West Asia region entering a new phase, and this will have important dimensions and consequences in various areas of the region. In this article, we answer the question of what possible economic consequences the normalization of the UAE and Bahrain's relations with Zionist Regime will have for these countries. The article examines the economic conditions of the member states at the time of the formation of the Abraham Accords, and it discusses the economic opportunities and advantages of this pact for them. The findings show that this agreement will have great potential for the economic development of these countries in the field of civil aviation, tourism, science, technology and innovation, finance and investment, diamond trade, marine and energy industries, and health care of these countries. This article has been done by descriptive-analytical method and using library sources.
Language:
Persian
Published:
Journal of Crisis Studies of the Islamic World, Volume:9 Issue: 2, 2023
Pages:
83 to 111
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