Export companies set for early boost from resumption of Saudi-Qatari trade

  • Date: 07-Jan-2021
  • Source: Arab News
  • Sector:Economy
  • Country:Saudi Arabia
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Export companies set for early boost from resumption of Saudi-Qatari trade

The normalization of Saudi-Qatari diplomatic and trade relations will have benefits for both countries, especially for the aviation industry and Saudi export-focused sectors, business experts claim.

Dr. Saleh Al-Sultan, a writer and former chief economist at the Ministry of Finance, told Arab News: "The Gulf cooperation was undermined in the previous few years but the relations between Saudi Arabia and other Gulf states and Qatar are back to normal now, which means the ties between all states will be stronger than ever.

"Before the boycott, Saudi Arabia and Qatar had many mutual economic activities but collaboration stopped. We hope that the relations return to normalcy and ties become deeper and stronger. Besides, increasing the volume of economic exchange and transactions will