Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
The anniversary of the 5 June 2017 Qatar embargo summed up the entire situation in a nutshell. Qatari officials bizarrely claimed the country has been strengthened, while readers of Saudi, Emirati, Bahraini and Egyptian press could be forgiven for picturing Doha in the grip of an economic catastrophe.
Unsurprisingly, the reality lies between these utopian and dystopian visions, albeit closer to the Qatari version. Stabilizing the situation has come at a cost for Qatar, but with 77mn t/y LNG exports and foreign reserves of $39.8bn, it faces little pressure to give in to the “anti-terror quartet.”
Writing in the New York Times on 5 June, Qatar’s foreign minister Mohammed al-Thani said “today, Qatar is stronger than it was a year ago. Within 24 hours of the imposition of the blockade, we quickly established new sources… more sustainable supply routes.”
DON'T HAVE AN ACCOUNT?
NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?
By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.UPGRADE