Maritime Security in the Gulf Region: Crucial Link to the Future Economic Visions

Description

The Gulf region is central to global economy due to hydrocarbons. While oil and gas are their primary income source, members of the Gulf Cooperation Council place huge hopes in their developmental plans on economic diversification and transformation. Achieving these objectives, expressed in vision plans, requires a stable maritime environment, as coastal investments and overseas projects form the backbone of these projections. An unstable maritime domain triggers security concerns and invites foreign intervention, jeopardizing future vision plans and developmental trajectory.