23 Hrs
Source:
عكاظ
Economy as Diplomatic Tool
The image of diplomacy is evolving from traditional political dealings to an effective tool for achieving a country's economic interests. Economic diplomacy has become an essential part of international relations, with a focus on opening markets, attracting investments, transferring technology, and supporting national companies abroad. It also plays a role in negotiating trade and investment rules, giving countries a long-term economic advantage. Models such as Australia and South Korea demonstrate how the emphasis on supporting economic growth and transforming political relationships into sustainable economic ties can be achieved, leveraging political influence to enhance economic standing—and vice versa.
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