Berliner Boersenzeitung - US won't 'walk away' from Middle East, Biden tells Arab leaders

EUR -
AED 4.251055
AFN 74.082723
ALL 95.018841
AMD 426.494799
ANG 2.072456
AOA 1062.618368
ARS 1653.343639
AUD 1.642361
AWG 2.08533
AZN 1.972406
BAM 1.955776
BBD 2.331072
BDT 142.358264
BGN 1.957255
BHD 0.436195
BIF 3438.058076
BMD 1.157536
BND 1.485982
BOB 7.997902
BRL 5.858873
BSD 1.157386
BTN 110.026658
BWP 15.58081
BYN 3.202261
BYR 22687.703345
BZD 2.327772
CAD 1.619914
CDF 2656.545275
CHF 0.925474
CLF 0.026526
CLP 1047.457227
CNY 7.838259
CNH 7.828948
COP 4043.150698
CRC 526.49358
CUC 1.157536
CUP 30.674701
CVE 110.263655
CZK 24.163219
DJF 206.107487
DKK 7.47896
DOP 67.959171
DZD 154.092121
EGP 60.014268
ERN 17.363038
ETB 182.377176
FJD 2.564989
FKP 0.863389
GBP 0.866063
GEL 3.073304
GGP 0.863389
GHS 12.846843
GIP 0.863389
GMD 84.500531
GNF 10138.876366
GTQ 8.822892
GYD 242.147047
HKD 9.07051
HNL 30.948623
HRK 7.539962
HTG 151.328155
HUF 352.180742
IDR 20580.17776
ILS 3.380954
IMP 0.863389
INR 110.093821
IQD 1516.181512
IRR 1592627.583987
ISK 144.287295
JEP 0.863389
JMD 183.457763
JOD 0.820739
JPY 185.466233
KES 149.878172
KGS 101.226958
KHR 4649.943298
KMF 493.110692
KPW 1041.782702
KRW 1757.163068
KWD 0.357077
KYD 0.964588
KZT 565.963099
LAK 25485.689227
LBP 103649.83609
LKR 388.015269
LRD 210.647431
LSL 18.85217
LTL 3.417903
LVL 0.700182
LYD 7.37691
MAD 10.719669
MDL 20.213754
MGA 4829.941104
MKD 61.644248
MMK 2429.604626
MNT 4141.535985
MOP 9.341386
MRU 45.90344
MUR 54.694009
MVR 17.895943
MWK 2006.975527
MXN 19.936129
MYR 4.696822
MZN 73.97086
NAD 18.85217
NGN 1574.831883
NIO 42.589481
NOK 11.012222
NPR 176.042853
NZD 1.985312
OMR 0.444785
PAB 1.157386
PEN 3.936152
PGK 5.067938
PHP 70.344658
PKR 322.017173
PLN 4.248099
PYG 7086.913582
QAR 4.231048
RON 5.239128
RSD 117.358569
RUB 83.873777
RWF 1699.679274
SAR 4.345163
SBD 9.313039
SCR 16.281001
SDG 695.104554
SEK 10.971924
SGD 1.486859
SHP 0.864217
SLE 28.533689
SLL 24272.952982
SOS 661.491934
SRD 43.418597
STD 23958.655763
STN 24.499701
SVC 10.126877
SYP 127.94487
SZL 18.83677
THB 38.051721
TJS 10.786968
TMT 4.062951
TND 3.395559
TOP 2.787069
TRY 53.515782
TTD 7.861904
TWD 36.603025
TZS 3038.162953
UAH 51.861668
UGX 4339.947079
USD 1.157536
UYU 46.74943
UZS 13861.830968
VES 673.637084
VND 30454.769133
VUV 136.790409
WST 3.175689
XAF 655.949001
XAG 0.017014
XAU 0.000275
XCD 3.128299
XCG 2.085875
XDR 0.81579
XOF 655.949001
XPF 119.331742
YER 276.192216
ZAR 18.880892
ZMK 10419.216157
ZMW 20.219753
ZWL 372.726083
  • BCE

    0.0200

    24.59

    +0.08%

  • BTI

    0.9300

    62.32

    +1.49%

  • RYCEF

    0.4600

    17.5

    +2.63%

  • NGG

    0.3200

    81.84

    +0.39%

  • GSK

    0.1800

    53.04

    +0.34%

  • VOD

    0.2700

    15.53

    +1.74%

  • RIO

    1.7100

    105.35

    +1.62%

  • BP

    0.1000

    42.78

    +0.23%

  • CMSC

    -0.0200

    22.33

    -0.09%

  • RBGPF

    0.0000

    60.72

    0%

  • JRI

    -0.0300

    12.8

    -0.23%

  • CMSD

    -0.0400

    22.26

    -0.18%

  • BCC

    0.4800

    71.14

    +0.67%

  • AZN

    -3.5300

    178.75

    -1.97%

  • RELX

    0.6300

    33.74

    +1.87%

US won't 'walk away' from Middle East, Biden tells Arab leaders
US won't 'walk away' from Middle East, Biden tells Arab leaders / Photo: MANDEL NGAN - POOL/AFP

US won't 'walk away' from Middle East, Biden tells Arab leaders

US President Joe Biden told Arab leaders on Saturday that Washington would remain fully engaged in the Middle East and would not cede influence to other world powers.

Text size:

"We will not walk away and leave a vacuum to be filled by China, Russia or Iran," Biden said during a summit in Jeddah, on the Red Sea coast of Saudi Arabia.

US ties to Gulf powers in particular have been roiled by multiple issues in recent years, notably Washington's push for a deal to curb Iran's suspect nuclear programme and its tepid response to attacks on Saudi oil facilities in 2019 claimed by Yemen's Iran-backed Huthi rebels.

The summit, the final stop of Biden's Middle East tour, brings together the six members of the Gulf Cooperation Council as well as Egypt, Jordan and Iraq.

Biden had been looking to use the trip to discuss volatile oil prices and outline his vision for Washington's role in the region.

On Friday he met Saudi King Salman and Crown Prince Mohammed bin Salman, the kingdom's de facto ruler who US intelligence agencies assess "approved" the 2018 operation that killed journalist Jamal Khashoggi.

After a fist-bump with Prince Mohammed, Biden said he raised the Khashoggi case and warned against future attacks on dissidents.

Prince Mohammed, who chaired the opening of Saturday's summit, has denied any role in the death of Khashoggi, who was dismembered in the kingdom's Istanbul consulate and whose remains have never been found.

Biden told the assembled Arab leaders that "the future will be won by countries that unleash the full potential of their populations... where citizens can question and criticise leaders without fear of reprisal".

- Ukraine tensions -

Biden said the United States would commit $1 billion in food aid to the Middle East and North Africa amid rising food insecurity induced by the war in Ukraine.

Russia's invasion of Ukraine has exposed a once unthinkable divergence between Washington and key Middle East allies Saudi Arabia and the United Arab Emirates, the oil giants that are increasingly independent on the international stage.

The wealthy Gulf nations, which host US forces and have dependably backed Washington for decades, have notably refrained from supporting the Biden administration as it tries to choke Moscow's lifelines, from energy to diplomacy.

Analysts say the new position reveals a turning point in Gulf relations with the US, long the region's protector against neighbour Iran.

But Saturday brought some conciliatory gestures, with Biden inviting his Emirati counterpart, Sheikh Mohamed bin Zayed Al-Nahyan, to visit the White House before the year is up.

And in his remarks at the summit, Saudi Prince Mohammed said he hoped it would "establish a new era of joint cooperation to deepen the strategic partnership between our countries and the United States of America, to serve our common interests and enhance security and development in this vital region for the whole world."

- Push for oil -

Riyadh and Washington on Friday signed 18 agreements on areas including energy, space, health and investment, including developing 5G and 6G technology, said a Saudi statement.

A separate joint statement said the two countries noted "the importance of their strategic economic and investment cooperation, especially in light of the current crisis in Ukraine and its repercussions, reiterating their commitment to the stability of global energy markets."

Saudi Arabia agreed to link the electricity networks of the Gulf Cooperation Council to Iraq, which relies heavily on energy from Iran, "in order to provide Iraq and its people with new and diversified electricity sources," the White House said.

Washington wants Riyadh to open the oil floodgates to bring down soaring gasoline prices, which threaten Democratic chances in November mid-term elections.

But Biden on Friday tried to tamp down expectations that his trip would yield immediate gains.

"I'm doing all I can to increase the supply for the United States of America," he said, adding concrete results would not be seen "for another couple weeks".

- Israeli ties -

White House officials have used the trip as a bid to promote integration between Israel and Arab nations.

The issue of the strategic Red Sea islands of Tiran and neighbouring Sanafir was also expected to be on Saturday's agenda.

Egypt ceded the islands in 2016 to Saudi Arabia, but the deal requires Israel's green light -- a move that could spur contacts between the Jewish state and Riyadh.

Biden said Friday that a decades-old multinational peacekeeping force, including US troops, would leave Tiran, with the White House adding they would depart by the end of the year.

Saudi Arabia has refused to join the US-brokered Abraham Accords which in 2020 created ties between Israel and two of the kingdom's neighbours, the United Arab Emirates and Bahrain.

(B.Hartmann--BBZ)