Friday, 7 March 2014

Rift over Qatar may slow investment, reforms | GulfNews.com

Rift over Qatar may slow investment, reforms | GulfNews.com:



"A diplomatic split between Qatar and its neighbours may disrupt billions of dollars of investment in the region and slow efforts to make economies more efficient through trade and transport reforms.



Qatar’s vast natural gas wealth means the tiny country, with a population of about 2.1 million, could probably continue operating indefinitely despite the displeasure of Saudi Arabia, the United Arab Emirates and Bahrain.



But its growth may slow if its trade and investment ties with the big Gulf Arab economies are scaled back. All the economies in the region could suffer in the long term if diplomatic tensions stall projects such as construction of a Gulf railway network and development of a free-trade area."



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