by Danila Bochkarev and Jan Hanrath
The third meeting of CARPO and the EastWest Institute’s Iran-Saudi Track 2 Dialogue Initiative was dedicated to the repercussions of changing global energy markets on Iran and Saudi Arabia. The workshop brought together policy experts and economists from Iran and Saudi Arabia as well as experts from Europe. They discussed challenges and opportunities a ‘post-oil’ era might bring and explored potential areas for cooperation between both countries. While participants agreed on the necessity of cooperation for creating strong and less oil-dependent economies, from which both countries as well as the whole region would benefit, their assessments varied on where this could begin. CARPO/EWI Brief 07 summarizes key insights and recommendations derived from the conference discussions.