Cut-price diplomacy is a term used to refer to multiple accreditations and the maintenance of conduct at the UN rather than through the establishment of a resident mission. Source: Dictionary of Diplomacy
In the late 1940s, the USA employed a unique form of cut-price diplomacy to help secure its strategic interests in the Middle East. In exchange for military and economic aid, the USA offered to subsidise the production of oil in Kuwait, Bahrain, Qatar, and the Trucial States. This offer was a bargain for the oil-rich countries, as it allowed them to produce petroleum products at a lower cost than the market rate. The USA hoped that this would provide stability in the region and prevent the Soviet Union from gaining a foothold in the area. This strategy worked and the USA enjoyed a prosperous relationship with the nations of the Middle East for decades to come.