Troy Stangarone Quoted by Your Middle East
August 15, 2013
KEI's Troy Stangarone was quoted in the Your Middle East article titled "Arab uprisings bring opportunity China." The execerpts can be found below:
In this context, the Arab Spring has ushered in an era of realignment and enhanced China’s position in the region. In order to quench its thirst for natural fuels, Beijing is multiplying trade agreements with US’ most strategic allies.
“The Arab Spring has largely left China’s most important commercial partners (Saudi Arabia, Iran and Egypt) in the Arab world untouched,” says Troy Stangarone, Senior Director for Congressional Affairs and Trade at Korea Economic Institute in Washington DC.
“China has the potential to have an increasing role in the Middle East. But the model of influence that China has used in many African nations will likely not work in the Middle East due to the region’s greater wealth, so the relationship will need to be more commercial oriented than development oriented,” says Stangarone.