Dear MEL Topic Readers,
How is Qatar coping with its economic embargo?
Qatar lies in a small peninsula on the northeastern coast of the Arabian Peninsula. Of the 2.6 million population, just over 300,000 are Qataris and the rest are expatriates. With its abundant natural gas and oil reserves, the per capita income of the Muslim monarchy is the highest in the world. However, as most of the country consists of a low, barren plain, covered with sand, there isn’t much agricultural produce or industrial outputs. It heavily depends on imports. So, when Qatar was blockaded the trade and diplomatic exchanges by its neighbors and major trade partners, Saudi, UAE, Bahrain, and Egypt in 2017, the world thought it would be disastrous for their daily lives and economy. And the economic and diplomatic embargo is still intact. However, the lives and businesses are still in order despite the isolation and Qatar airline is still flying while the airspace of the four countries is blocked. How have they been managing such a crisis?
Enjoy reading and learn why Qatar is blockaded and how it has been managing to survive.
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