Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/315528 
Year of Publication: 
2025
Series/Report no.: 
SWP Comment No. 2/2025
Publisher: 
Stiftung Wissenschaft und Politik (SWP), Berlin
Abstract: 
Saudi Arabia has mixed expectations ahead of Donald Trump's imminent second presidency. On the one hand, the royal family maintains close business relations with the president-elect and his entourage, which could lead to privileged access to the White House. On the other hand, Trump's Middle East policy, his confrontational stance towards China and his plans to increase domestic oil production could all jeopardise the kingdom's ongoing transformation under its ambitious "Vision 2030" development agenda. This presents opportunities for Germany and its European partners to step up cooperation with the kingdom, not least in order to advance their own strategic interests vis-à-vis Washington.
Subjects: 
Saudi Arabia
"Vision 2030"
Donald Trump
Elon Musk
US Middle East policy
Germany
Saudi Public Investment Fund (PIF)
Iran
regional stability
Israeli-Palestinian conflict
Benjamin Netanyahu
China
oil revenues
fracking industry
Petroleum Exporting Countries (OPEC)
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Research Report

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