Continuity Amidst Transformation: Reflections on Crown Prince Mohammed bin Salman’s Visit to the United States

Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud begins a visit to the United States today. He is reported to be planning stops in several cities, including Washington, D.C., New York, Boston, Houston, Seattle, and San Francisco. The occasion will mark his second official visit to the United States since Donald Trump assumed the U.S. Presidency and Mohammed bin Salman’s first official visit since assuming the post of Crown Prince in June 2017.

Roots of the Relationship

In considering the modern U.S.-Saudi Arabian strategic partnership, reference is often made to a meeting the Crown Prince’s grandfather, King Abdulaziz bin Abdul Rahman Al-Saud, had with U.S. President Franklin D. Roosevelt on February 14, 1945. That historic visit had the two heads of state sitting and exchanging views with one another aboard the U.S. Navy’s U.S.S. Quincy in the Great and Bitter Lake of the Suez Canal. Academics, scholars, media specialists, policymakers, and foreign affairs specialists of all stripes have ever since referred to that visit as “historic.”

Yes, that visit was historic in the sense that it occurred on a certain date in time. Except for the fact that those two outsized heads of state met each other for the first and only time then and there, however, the encounter was far less “historic” in the usual sense of the term than countless commentators have since made it out to be. To be sure, a myth about what transpired at that meeting is deeply embedded in the literature and lore of the American and Saudi Arabian peoples.

King Abdulaziz bin Abdul Rahman Al-Saud with President Franklin Delano Roosevelt aboard the U.S.S. Quincy in the Great Bitter Lake of the Suez Canal in Egypt on February 14, 1945. Photo: U.S. National Archives and Records Administration.

The truth, however, is that the so-called Saudi Arabian-American love affair dates not from the meeting between the U.S. President and the Saudi Arabian King in 1945. Neither does it stem from the discovery earlier by American engineers, aided by skilled Saudi Arabian Bedouin guides, of a Kingdom-based petroleum bonanza in 1938 the likes of which the world had never seen before and has not seen since.

Rather, the roots of the special relationship date from decades before – from 1917 onwards. The seeds of the extraordinary one-of-a-kind international special strategic partnership of the American-Saudi Arabian alliance that has lasted to this day were laid then by others. None among them were officials of either country’s modern government.

Continue reading “Continuity Amidst Transformation: Reflections on Crown Prince Mohammed bin Salman’s Visit to the United States”

Economic Reform in Saudi Arabia: Opportunities for the Kingdom & America

The economic trials currently facing Saudi Arabia – a fall in oil prices resulting in budget deficits, wars in Syria and Yemen, and social stresses stemming from increases in gas and other utility prices – in reality present opportunities as much as challenges. This is particularly the case because the government led by King Salman and his son, Deputy Crown Prince Mohammed Bin Salman, has demonstrated a clear understanding of these realities and shows promise in confronting them effectively.

The Saudi Arabian government is essentially looking to restructure its economic system and renegotiate its social contract. Prince Mohammed has let it be known that announcements regarding these changes will begin April 25, with specifics to follow over the following months. More details are thus forthcoming, but so far we know that the new vision involves opening up national wealth to more foreign investment as well as further liberalization, deregulation, and privatization. These changes not only promise greater economic stability to the Kingdom – a key regional and global energy, commercial, and security partner to the United States – but also present an opportunity for American companies to invest reliable long-term capital in a wide range of sectors and regions. The Kingdom seeks to maximize returns from these investments in the way that well-managed businesses do.

Continue reading “Economic Reform in Saudi Arabia: Opportunities for the Kingdom & America”