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Qatar Lodges A Formal Complaint With WTO

Photo: Investopedia

Qatar has filed a legal complaint with the WTO (World Trade Organisation) against the four blockading countries. The crisis was taken in front of the WTO’s dispute settlement body as the four nations allegedly violated laws and conventions related to trade.

The Saudi-led bloc severed ties blocked air, sea and land links with Qatar on June 5 after accusing it of supporting terrorism, which was denied by the gas rich nation.

Meanwhile, Sheikh Ahmed bin Jassem bin Mohammed Al Thani, the country’s minister of economy and commerce, was in Geneva and met with the head of the trade organisation and lawyers who were specialised in trade disputes.

Qatar claims that the blockade will not only hurt Doha, but it will also damage its trading partners, a statement by Qatar’s government communications office said.

“This positive step taken by the State of Qatar clearly demonstrates to all member countries of the WTO the level of transparency exhibited by the State of Qatar through requesting formal and transparent dialogue and consultations with the siege countries,” the statement said.

WTO rules allows the disputed parties to settle the issue within sixty days through negotiations, If they fail, Qatar can appeal for the establishment of an independent panel to resolve the crisis.

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