podlist.gr

The Greek Current
The Greek Current

The emerging Saudi-Turkey-Pakistan alliance, the GSI, and America's Mediterranean story

A week ago the leaders of Saudi Arabia, Turkey, and Pakistan signed the Mecca Joint Defense Agreement. The new defense pact has many in the region and in Washington scratching their heads, wondering what its goals are, whether it will trigger regional realignment, and what new risks it raises in an already volatile region where we’ve seen geopolitical rivalries deepen - whether it’s Pakistan’s rivalry with India, Saudi Arabia’s relations with the UAE, or Turkey’s continued provocations and threats against Greece, Cyprus, and Israel.

Beyond the security dimensions of this pact, the economic questions it raises may be more important. This new pact is increasingly seen as undermining US supported projects in which both Greece and Cyprus have invested politically, notably the India-Middle East-Europe Economic Corridor (IMEC). 

This comes at a time when Congress is looking to bolster the Eastern Mediterranean’s role as a strategic link between India, the Middle East, and Europe. Just this week, a bipartisan group of Congressmen once again stressed the importance of IMEC for US interests in the region, emphasizing the significance of projects like the Great Sea Interconnector (GSI).

Beyond Congress, we saw a major development when it came to the GSI earlier this month as months of negotiations between Athens and Paris wrapped up with the French investment group Meridiam acquiring a majority stake in the project. Athens hopes the deal will give both a financial and diplomatic boost to the GSI, which has seen Turkey try to obstruct its progress.

These latest moves in the Eastern Mediterranean once again remind us why the region remains critical for global developments, and, more importantly, for US interests. This is a story that we’ve seen time and again, and as we celebrate America’s 250 anniversary, we can’t ignore the integral role the Mediterranean has played in shaping this story.

Experts Jonathan Schanzer, Vassilis Nedos, and Ian Lesser join Thanos Davelis as we break down all of these issues.

A little more info on our guests:

Jonathan Schanzer is executive director at the Foundation for Defense of Democracies.

Vassilis Nedos is Kathimerini’s diplomatic and defense editor.

Ian Lesser is a Distinguished Fellow and Advisor to the president at the German Marshall Fund of the United States, and a Senior Fellow at the Policy Center for the New South.

You can support The Greek Current by joining HALC as a member here.

Πηγή: http://www.hellenicleaders.com/

Περισσότερα επεισόδια

Economic and political uncertainties, the specter of touristification, and the story of Greek shipping

With the summer season in full swing, it’s not just vacations, the islands, and pristine beaches that are top of mind for Greeks. Global uncertainty, crises in the Middle East, a cost of living crisis, and the specter of touristification remain key concerns, and tackling these challenges is going to be tricky as Greece inches toward national elections. The economy is obviously at the heart of...

Cyprus: 52 years of occupation, of peace efforts, and of the fight for justice

On July 20th we marked 52 years since phase one of Turkey’s invasion of Cyprus. For 52 years, Turkey has never been held accountable for this illegal invasion and occupation, for the division it imposed on the island, or for the lives and communities it shattered. Today, despite international condemnation, UN resolutions, and calls for negotiations, the Cyprus issue remains one of the world's...