Qatar says Saudi-led boycott amounts to 'economic warfare'

DOHA: Qatar on Wednesday said a Saudi-led boycott, now in its eighth month, amounted to “economic warfare” as Doha plans to seek compensation for those hit by the sanctions.

“This is economic warfare,” foreign ministry spokesperson Lulwa al-Khater said at a press briefing.

Khater said the energy-rich emirate would “not leave a stone unturned” in legally pursuing claims for businesses.

Tensions have escalated in the Gulf since Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut all ties with Qatar in June, largely isolating the emirate in the oil-rich Gulf.

Pakistan, Iran, Turkey increase bilateral trade with Qatar following blockade

The four countries accuse Doha of supporting militants and of being too close to Shia Iran, Saudi Arabia’s arch-rival.

They have banned all flights to and from Doha and cut off most trade links.

Doha to host Qatar-Pakistan business investment moot

Qatar denies the allegations, arguing the bloc aims to incite regime change in Doha.

The Gulf emirate says the sanctions have hit companies as well as citizens and expatriates.

It has set up a committee to pursue claims, which Doha says are potentially worth billions of dollars.

Qatar Chamber said conference will gather 50 Pakistani businessmen to discuss investment and business opportunities

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