Arab bloc won’t discriminate against U.S. firms in Qatar rift

Arab bloc won't discriminate against U.S. firms in Qatar rift

Saudi Arabia and other Arab countries that imposed sanctions on Qatar have told the United States that U.S. companies doing business with them would not be punished for also working with Qatar

Foreign companies have become more and more cautious on their cross border transaction over concerns they could fall foul of the region’s biggest diplomatic crisis in years.

Four Arab states, Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt sent a letter to U.S. Secretary of State Rex Tillerson in July reassuring him that U.S. firms would not be discriminated against as part of the protest, according to sources with knowledge of the letter.

The European Union has been given similar assurances.

The U.S. Embassy in Abu Dhabi declined to comment on the letter.

The four countries intended to maintain their relationships with U.S. companies and that those ties would not be affected by the protest.

Tillerson made a four-day visit to the region in July to help end the crisis.

The four Arab countries cut trade and diplomatic ties with Qatar in June and suspended air and shipping routes


Please enter your comment!
Please enter your name here