The not entirely impartial CEO of Air France-KLM has joined in the recent public criticism of allegedly unfair export subsidies to Gulf airlines, while the UAE has just declared its frustration with the failure of five years of negotiations for landing rights in Canada and kicked the Canadian military out.
The Western nations should watch their step. This summer Abu Dhabi awarded its $20 billion nuclear contract, the largest energy contract in the history of the Gulf States, to Korea, snubbing France and the United States who long assumed they were the only contenders (and the Korean Government was happy to put up $10 billion in subsidized loans to clinch this deal).
No comments:
Post a Comment