Earlier this year, the Biden administration was speaking of a multilateral grand bargain that would end the fighting in Gaza, secure the release of Israeli hostages, and normalize relations between Israel and Saudi Arabia. Hopes for such an outcome have long since petered out. But, contrary to what many have predicted, improved relations between Riyadh and Jerusalem remain possible, writes Marina Barats:
Indeed, despite demands to suspend arms exports to Israel, calls for a two-state solution, and recent accusations of Israeli “genocide” in Gaza, Saudi Arabia has not responded with action. In fact, it was among the countries that blocked motions calling to cut ties with Israel and prevent it from receiving arms from nearby U.S. bases at the joint Organization of Islamic Cooperation-Arab League summit in November 2023. Ultimately it seems the two nations’ shared economic and security concerns will persist beyond the conflict.
While expansion of the Abraham Accords to include Saudi Arabia should remain the goal for both the U.S. and for Israel, Barats argues that there are many less glamorous, but no less substantive, steps that can be taken in the nearer term:
Even without normalization, there is potential for greater economic and security cooperation . . . that may be advanced with proactive leadership from the White House. Building on that, political normalization and economic cooperation through a free-trade agreement between Israel and Saudi Arabia, driven by a combination of commercial and security factors, may act as a precursor to stable peace between the two states.
Both countries have the capacity to contribute to the other’s development and security goals. They have commercial incentives for cooperation and do not perceive each other as security threats because they have common enemies (radical Islamism, Iran and its proxies), common allies (the U.S.), and an interest in regional stability.
More about: Abraham Accords, Israeli economy, Saudi Arabia, U.S. Foreign policy