It's payback time: Days before embargo anniversary, Qatar bans goods from 4 nations - News Summed Up

It's payback time: Days before embargo anniversary, Qatar bans goods from 4 nations


By Mohammed Aly SergieAlmost a year after Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut ties with Qatar, the gas-rich country decided to stop consuming goods from its rivals. Qatar’s economy ministry ordered shops to strip shelves of products imported from the four countries, according to a circular sent on Saturday. A spokesman for the economy ministry didn’t immediately respond to requests for comment. Saudi Arabia, the U.A.E., Bahrain and Egypt cut economic and diplomatic ties with Qatar on June 5, accusing the country of financing terrorist groups and having close ties with Iran, charges Qatar rejects. The rift forced Qatar to shift import routes to Kuwait and Oman, and buy goods from Iran and Turkey.


Source: Economic Times May 26, 2018 14:15 UTC



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