Wednesday 27 September 2017

Qatar imports rebound in August, suggesting sanctions impact fading

Qatar imports rebound in August, suggesting sanctions impact fading:

"The value of Qatar’s imports rebounded sharply in August from July, government data showed on Wednesday, suggesting the economic impact of sanctions imposed by other Arab states is fading.

Imports plunged by over a third after Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Doha on June 5.

The sanctions - over accusations of supporting terrorism, which Doha denies - disrupted shipping routes to Qatar and closed its land border with Saudi Arabia, over which food and building materials were imported."



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