1. After the Killing of Jamal Khashoggi: Muhammad bin Salman and the Future of Saudi-U.S. Relations
- Author:
- F. Gregory Gause III
- Publication Date:
- 12-2018
- Content Type:
- Working Paper
- Institution:
- Center for Strategic and International Studies
- Abstract:
- On October 24, 2017, Muhammad bin Salman (MBS), the crown prince of Saudi Arabia, welcomed over 3,500 of the world’s financial elites to a conference center adjoining the Ritz Carlton Hotel in Riyadh for an “economic coming-out party.”1 The crown prince was selling investors and government officials on his plans for the transformation of the country, not just its economy but also its society. His Vision 2030 plan to lessen the economy’s dependence on oil and increase the role of the private sector required investment, both from at home and abroad.2 It was a glittering show, featuring plans for a new city on the Red Sea coast, Neom, which would be staffed at least in part by robots. Within a few weeks of this impressive gathering, hundreds of the Kingdom’s economic and political elites were prisoners in that same Ritz Carlton. One year after the conference, self-exiled Saudi journalist Jamal Khashoggi was killed by agents of the Saudi government in the Saudi consulate in Istanbul. When the crown prince convened a second investment conference in Riyadh, a “Davos in the desert” as some billed it, in October 2018, the guest list was much reduced. A number of high-profile political leaders and CEO’s backed out, including the U.S. treasury secretary, the president of the World Bank, the managing director of the International Monetary Fund (IMF), and the CEOs of JPMorgan Chase, HSBC, Credit Suisse, BNP Paribas, and the London Stock Exchange.3 While $50 billion in investment deals were announced, over $30 billion were with Saudi Aramco, the state oil company.4 In the year between the two conferences, the crown prince suffered a number of setbacks that called into question both his judgment and his political capacity. The killing of Jamal Khashoggi was simply the most recent in that line. Whether the killing was directly ordered by the crown prince or the work of close aides who believed they were carrying out his wishes, the ultimate responsibility rests with him. Some of those setbacks can be attributed to MBS’s own decisions; others simply reinforced the fact that there are considerable obstacles confronting his ambitious plans. His regional foreign policy initiatives, in particular, have not worked out as he had hoped. But these setbacks do not mean that the crown prince’s days are numbered in the Saudi leadership. He has successfully consolidated power in his own hands in a way that is unprecedented in recent Saudi history. The Trump administration, which hitched its wagon to MBS in an imprudent and counter-productive way, now has to decide how to use the fallout from this crisis to change MBS’s behavior, avoiding the extremes of a purely symbolic reaction that has no effect on Saudi policy and the unrealistic goal of declaring, as Trump ally Senator Lindsey Graham did, that the crown prince “has got to go.”5
- Topic:
- Foreign Policy, Diplomacy, International Cooperation, Authoritarianism, and Assassination
- Political Geography:
- Middle East, Saudi Arabia, North America, United States of America, and Gulf Nations