ABSTRACT

Becauseofthecoloniallegacyandthepoor endowmentinhydrocarbonsofWesternEuropeand Japan,WesterninterestsintheRedSeaarea-not unlikethoseinthewiderregionofwhichitisa part-aremuchmorevestedanddiscerniblethan thoseoftheUSSR.Inparticular,twomaininterests emerge.First,theRedSeaisbecomingincreasingly crucialforthesecurityoftheOECD'senergy supplies,especiallyforWesternEurope's.Second, theRedSeaisasignificantfactorintheprocess ofeconomicdevelopmentandintegrationwhichis takingplaceintheArabworld.Thisinturnisdue totheSaudiandEgyptianrolesinthatprocess. Sincethisisconsideredtobeofcrucialimportance fortheWesterneconomyasawhole,itssuccessis ofdefiniteinteresttotheArabsaswelltothe West.