USA has lost motive for active policy in Middle East - Mikhail Fridman

USA has lost motive for active policy in Middle East - Mikhail Fridman
17 September 2016

With the changed situation on the energy market, the USA has lost motive for pursuing active policy in the Middle East, LetterOne Group board chairman Mikhail Fridman has said at the 13th Annual Meeting of the Yalta European Strategy (YES).

“Sometimes people accuse Obama that he is very passive in foreign policy. Why should America be active in foreign policy? Before, it was used to protect the key interests of the USA in the Middle East. Currently they have their own sources of oil. Why should they be active in the Middle East if they have their own oil? In fact, there is no reason behind it, except maybe to secure the USA from the launch of missiles from there?”

Fridman added that the changing situation on the energy market and progress bring about tectonic shifts in modern society.

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Tony Blair
Tony Blair
Executive Chairman of the Tony Blair Institute and former UK Prime Minister, 16th YES Annual Meeting, 2019
«At the heart of everything that gonna happen in the next ten years will be - how do you make sense of the technological revolution, how do you access its benefits, mitigate its downsides, and how do you show the next generation that there is a way to deal with this.»