Thursday, 21 February 2019

#UAE Says #Qatar Embargo Stands After Trade Ban Seemed Eased - Bloomberg

U.A.E. Says Qatar Embargo Stands After Trade Ban Seemed Eased - Bloomberg:

The United Arab Emirates said a port circular signaling an easing of the almost two-year Saudi-led embargo of Qatar was “misinterpreted” and that a clarification will be issued to ports.

The clarification will address a directive by Abu Dhabi Ports that removed any mention of banning cargo shipments to Qatar, allowing a resumption of trade by third-party shippers. A previous order that barred goods originating from either Qatar or the U.A.E. from being loaded or delivered to either country was canceled by the one-page circular issued on Feb. 12.

The Federal Transport Authority said the embargo on Qatar stands and only it has jurisdiction over the ports, according to a statement on Thursday cited by state-run WAM news agency.

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