“…Economic diplomacy explains a state's interactions with other actors and is a tool of foreign policy toward a geographic area or issue. In this vein, studies on states' economic diplomacy include South Africa (Qobo, 2010), China (Chaziza, 2019; Sun & Zoubir, 2015), Australia (Sainsbury, 2016), France (Badel, 2014), Japan (Okano‐Heijmans, 2012), Saudi Arabia (Li, 2019), India (Dabhade, 2022), and Croatia (Peternel & Grešš, 2021). Economic diplomacy has also been applied to interactions between two or more states and international organizations, or multilateral economic diplomacy (Lee, 2001).…”