Threats from Saudi Arabia are a boon to Russia – Novaya Tribune

Since the beginning of the war Ukraine exist February 2022the tension between Moscow Economic sanctions, freezing of Russian assets and support for Ukraine have created deep divisions between the two countries. Russia wait The westIn this case, a new actor seems to have taken on an unexpected role: Saudi Arabia. kingdom Wahhabi Seems to be a delicate mediator, seeking to maintain a delicate balance among its various international partners.

Recent information indicatesSaudi Arabia will exert cautious but significant pressure on these countries G7According to the cited sources BloombergSaudi Finance Ministry officials have reportedly discussed the possibility of selling off some of their European debt if Western allies seize it. $300 billion Frozen Russian assets. This approach is akin to a strategic move on the diplomatic chessboard and should have been taken before the G7 deliberations last May and June.

The potential impact of such actions would be considerable. : A large-scale sale of European debt, especially debt issued by the French Treasury, could affect financial markets and could affect the euro. It’s as if Saudi Arabia holds a key piece of the global economic puzzle and has the power to change its landscape.

Undefined position

Motivation Riyadh Still need explanation: Is this a strategic stance against Moscow or an effort to prevent setting a precedent for seizing foreign assets?

This situation highlights the complexity of contemporary international relations.Saudi Arabia Maintaining a delicate balance between relations with other countries The west and its shared interests with RussiaOn the one hand, the kingdom facilitated prisoner exchanges between the two countries. Ukraine and Russia. On the other hand, it has developed economic ties with China. Moscow and adapting to the new geopolitical context since the conflict broke out.

The reaction is G7 Faced with this situation, which illustrates the challenges of modern diplomacy, the G7 leaders ultimately chose a cautious approach, proposing a $50 billion loan to Ukraine, secured by interest on frozen Russian assets. This decision illustrates the need to find a balance between different diplomatic and economic considerations.

Beyond the immediate issues, the situation raises broader questions about the evolution of the world order. The growing influence of middle powers on big power decision-making calls the traditional balance into question. Saudi Arabia’s multidimensional approach shows that 21st century diplomacy is a complex, multifaceted game.

This episode reveals the dynamic nature of alliances and the diversity of interests in the context of the war in Ukraine. As different players seek to adapt to new geopolitical realities, countries such as Saudi Arabia appear to see this situation as an opportunity to strengthen their position on the international stage. Faced with these new dynamics, the G7 countries and their partners must demonstrate strong diplomatic flexibility to cope with a changing multipolar world.