The political and economic boycott of Qatar, which began on 5 June 2017 when Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic ties with Qatar and moved to close off access to the Gulf country, continue to have a significant impact on international trade in the Middle East. The indications are that the dispute is unlikely to be resolved in the short term and will continue to be even more disruptive. Businesses with a nexus to Qatar will have to take a commercial decision on whether their operations are viable as they stand and are sustainable going forward. Practical observations that we have witnessed over the past few months are set out in our most recent alert, highlighting the impact in respect of:
- the supply of goods;
- the movement of people;
- contractual disputes; and
- US Anti-boycott laws and international claims.