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Article: Saudi Arabia to put its money where its national interests are
- Article from:
- Chicago Sun-Times
- Article date:
- March 25, 1991
- Author:
CopyrightCopyright (null) Chicago Sun-Times. (Hide copyright information)
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RIYADH, Saudi Arabia The no-questions-asked days of Saudi
Arabia's checkbook diplomacy are quickly coming to an end.
Dismayed that some of the world's top recipients of Saudi aid
sided with Iraq during the Persian Gulf war, kingdom officials have
reversed one of this nation's longstanding policies. From now on,
Saudi Arabia will be more selective about the millions of dollars it
regularly dishes out to other countries and causes.
"Our money will be directed by our national interests," said
Abdulrahman Zamel, deputy commerce minister. "Where we think our
national interest is served, our money shall go."
The war forced Saudi government strategists to rethink their
foreign aid policy as ...