Monday 7 May 2018

Qatar weathers embargo storm, finance minister says

Qatar weathers embargo storm, finance minister says:

"Qatar has weathered the trade and travel embargo launched by four neighbours almost a year ago, and is accelerating economic reforms to boost investment, its finance minister said. The region was thrown into turmoil in June when a group of countries led by Saudi Arabia closed off Qatar’s access to their ports and airspace, claiming the gas-rich state supported terrorism. International and regional attempts to solve the dispute between US allies have been unsuccessful. Qatar has strongly denied the allegations. “The first few weeks of the blockade were most difficult, but today the economy has stabilised. Our growth rates are good,” Ali Shareef al-Emadi told the Financial Times in an interview."



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