India's economic relations with israel and the arabs

Yusuf

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INDIA'S ECONOMIC RELATIONS WITH ISRAEL AND THE ARABS is a 42 page report authored by Gil Feiler, a senior researcher at the Begin-Sadat (BESA) Center for Strategic Studies at Bar-Ilan University of Israel and Executive Director and Co-owner of Info-Prod Research (Middle East). It is published as Mideast Security and Policy Studies No. 96 of THE BEGIN-SADAT CENTER FOR STRATEGIC STUDIES, BAR-ILAN UNIVERSITY.
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Following is the text of the concluding section of the report titled, THE NEW REALITY: INDIA AND THE CHANGING MIDDLE EAST:
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The geopolitical reality in the Middle East is constantly changing. The "Arab Spring" has toppled seemingly stable regimes, plunging the region into uncertainty and resurrecting the specter of an Arab-Israeli conflict erupting yet again. Further complicating the situation, once stable Turkey seems to have gone from a policy of zero problems to multiple problems with its neighbors, and the impact on the region stemming from the global economic crisis, European fragmentation and US economic woes cannot yet be foreseen.
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India has many diverse and profound interests in the Middle East; it enjoys productive and mutually beneficial relations with both Israel and the Arab world, though as we have seen in diverse and crucially different fields. One thing has remained constant in the past two decades: Whilst supporting Arab aspirations, India has also consistently increased its co-operation with Israel.
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In the event of further deterioration in Arab-Israeli relations, and an increase in Arab pressure to boycott Israel, India will probably maintain its balancing act between the Arabs and the Israelis.
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Although in the past India felt that a course of action of complete conformity with Arab policies was required in order to assure supplies of Arab oil, its current interests in the Middle East are a far cry from what they were forty years ago. It enjoys prolific relations with both Israel and the Arabs and whilst oil remains India's main economic focus it now has other interests in the region, such as technology and defense, which are necessary for its future development.
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India's strategic, economic and development needs, combined with its newly found stature as a global player, mean that India will not agree to a deal for less than what the other major international powers - the U.S., E.U., China and Russia - are getting: A deal that ensures full economic and political ties with both Israel and the Arabs, independent of their relationship with each other.
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The full report can be read at:
http://www.biu.ac.il/SOC/besa/MSPS96.pdf
 

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