Latest development in six-month-long Qatar dispute throws future of Gulf Cooperation
The United Arab Emirates has announced the formation of a new political and military alliance with Saudi Arabia, throwing into doubt the future of the Gulf Cooperation Council, the Gulf states’ 36-year-old political and trading bloc.
The announcement, made at a GCC summit in Kuwait City, marks the latest development in a six-month dispute that has pitted the GCC members Saudi Arabia, the United Arab Emirates and Bahrain, as well as Egypt, against tiny, gas-rich Qatar.
The new Saudi-UAE committee is bound to be seen as an alternative, if not substitute, to the malfunctioning GCC. Read more at The Guardian.
{Matzav.com}