1 June 2018

Haaretz: How the Saudi-led Blockade of Qatar Actually Made the Tiny Emirate Stronger

As the crisis continued fears of a Saudi-led military incursion into Qatar grew - although with the U.S.’s largest military base in the Middle East located in the country that seemed unlikely. Doha turned for support to Turkey, which deployed troops to Qatar and, along with Iran, sent food and supplies. In the following months there were regular complaints of Qatari and UAE jet interceptions, reports of a missing Sheikh and even a Saudi plan to turn Qatar into an island - cutting the peninsula off with a maritime-canal, turning the border area into a military zone and nuclear waste site.

In the initial weeks after the blockade was announced, Qatar’s imports dropped nearly 40 percent from the same time a year earlier.  Today those numbers have returned to normal as Doha, the world’s top exporter of liquefied natural gas, responded by developing new trade routes, propping up its banks with state money and helping local firms develop domestic output of some goods - including food. Qatar has also begun to develop the world’s largest LNG field that it shares with Iran in the Persian Gulf. [...]

Human Rights Watch has praised Qatar in its World Report 2018 - entitled, “Qatar: Year of Crisis Spurred Rights Reforms.” The report credits Qatar for a range of significant human rights reforms during 2017 that if fully implemented “would usher in some of the most progressive human rights standards in the gulf region.” [...]

Qatar is one of the most heavily invested countries in the world. For such a small country, it wields an oversized influence on global politics largely because it has invested hundreds of billions of its energy wealth, through its national wealth fund, in companies and property (there is a “Qatari quarter” in London) overseas - although it is nowhere in the ballpark of countries like China or Norway.

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