Since the last decade of the 20th century, there has been an increase in South-South trade, which is also reflected in the trade between the Gulf and Latin American countries. While trade between the two sides grew substantially during the last decade, there are also renewed attempts to cooperate in other fields. The opening of embassies in Latin America by the Gulf countries and vice versa in the last few years, direct flights between Brazil, Argentina and Venezuela to some of the capitals of the Gulf region, investments by the United Arab Emirates, Kuwait, Saudi Arabia and Qatar in some Latin American countries and the holding of the Arab-South American Summits starting from 2005, among other exchanges, reveal the growing convergence of interests between these two regions.
This book covers, in particular, an aspect that is often neglected in area studies, namely the exchange as a whole between the two regions, since most studies on these regions tend to focus on the interactions with developed countries or emerging economies such as China and Russia. From a historical, economic and politically strategic point of view, the book offers a critical examination of the foreign policies pursued by the Gulf and Latin American countries in the renewed exchange that is taking place now. Attention is given to the importance that both regions place on the elaboration and implementation of their foreign policies as well as the strategies envisaged. From the Gulf perspective, some of the chapters show how Latin America became a part of the Gulf countries’ search for global engagement, as the result of a process emanating from their own internal and regional needs. From the Latin American perspective, the chapters assess the new strategies and interests which guide the development of closer links with the Gulf against the backdrop of the shifts and continuities of their foreign policies.