SME Times is powered by   
Search News
Just in:   • Standardization boosts domestic growth, exports: Prabhu  • PM interacts with farmers across the country  • General Electric to be removed from Dow index  • Truckers' strike enters second day, northeast comes to 'standstill'  • Nadda releases India's health profile, launches institutional profiling project 
Last updated: 01 Aug, 2017  

WTO.9.Thmb.jpg Qatar files complaint at WTO over trade boycott

qatar.jpg
   Top Stories
» Standardization boosts domestic growth, exports: Prabhu
» PM interacts with farmers across the country
» Govt declares national targets for off-shore wind power
» 'Small industries must get in-hand training on Industrial security'
» Govt to spend $1 bn to boost services exports: Prabhu
IANS | 01 Aug, 2017
Qatar has filed a wide-ranging legal complaint at the World Trade Organization (WTO) to challenge a trade boycott by the Saudi-led bloc, the media reported.

The complaint was filed by Qatar on Monday, Xinhua news agency repoted. Saudi Arabia, together with Bahrain, the United Arab Emirates (UAE) and Egypt, have cut ties with Qatar, accusing the latter of supporting terrorists and interfering in the internal affairs of other countries.

Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt issued a list of 13 demands to Qatar later last month, including closing Al-Jazeera TV station, stopping financing and supporting terrorism, and downgrading its ties with Iran, as major preconditions for ending their boycott.

The four countries vowed to take further political, economic and legal steps to tighten the screws on Doha after the latter refused to accept demands.

By formally "requesting consultations" with the three countries, the first step in a trade dispute, Qatar triggered a 60 day deadline for them to settle the complaint or face litigation at the WTO and potential retaliatory trade sanctions.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 21 Jun, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(22)
» Modi interacts with Digital India beneficiaries(1)
» Fiscal deficit, GDP data: Is it a turnaround(1)
» Lend more to MSMEs, RBI urges NBFCs(1)
» RBI's surprise rate-hike(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter