11 May 2012
NTS Bulletin (May 2012)
Abstract
The past decade has seen economic links between the Gulf Arab region and Southeast Asia increase considerably – from just USD20 billion in 2002 to about USD100 billion in 2010. Notable factors driving this trend include increased Middle East interest in East Asian markets after the 2001 Sept 11 attacks and the 2008 global food crisis. The latter, in particular, was significant in highlighting the interdependence of the two regions. The Gulf Arab states look to Southeast Asian farmlands for food, and Southeast Asia to the Gulf Arab states for fuel.
Abstract
The past decade has seen economic links between the Gulf Arab region and Southeast Asia increase considerably – from just USD20 billion in 2002 to about USD100 billion in 2010. Notable factors driving this trend include increased Middle East interest in East Asian markets after the 2001 Sept 11 attacks and the 2008 global food crisis. The latter, in particular, was significant in highlighting the interdependence of the two regions. The Gulf Arab states look to Southeast Asian farmlands for food, and Southeast Asia to the Gulf Arab states for fuel.
