Recent landmark deals between China and the UAE, and the US and the UAE, reaffirm the UAE's importance to both superpowers' Middle East strategies. These deals focus on energy cooperation, but the UAE's strategic location, role as an oil pricing hub, and growing trading capabilities make it essential for both countries.
Recent landmark deals by China and the U.S. reaffirm that the United Arab Emirates U.A.E. remains vital to the Middle East strategies of the two global superpowers - and for much the same reasons. The first deal was the signing on 25 July of a strategic alliance agreement between the China National Offshore Oil Company
to deepen cooperation. The second deal was the signing of a strategic partnership between the U.S.’s ExxonMobil and and stated recently that it is ramping up such cooperation with countries participating in its BRI programme, having first entered the U.A.E.’s upstream business in 2019. Last year, the U.A.E. celebrated the 10th anniversary of the launch of the BRI, and official data shows that around 90 percent of the U.A.E.’s non-oil trade in that year came from countries participating in the BRI. In terms of China specifically, it remained the U.A.E.
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