Asia-Pacific's Gulf links on course to expand despite Red Sea troubles

Momentum behind new trade and investment flows too strong to be derailed

Greg Guyett

March 29, 2024 05:00 JST

Saudi Crown Prince Mohammad bin Salman, right, and Japanese Prime Minister Fumio Kishida signed a deal for joint cooperation on rare-earth metals and green hydrogen. (Handout via Reuters)

Greg Guyett is chief executive of HSBC Global Banking and Markets.

Trade links between the Persian Gulf and the Asia-Pacific region are ancient. Today, though, there is renewed focus on this connection as cargo connections face disruption due to attacks on shipping transiting through the Red Sea.