27 Dec 2017 - 11:55

Towards self-reliance

The Peninsula

Qatar has successfully defeated the unjust siege and the nefarious designs of blockading countries meant to harm Qatar’s development and growth and the country under wise leadership of Emir H H Sheikh Tamim bin Hamad Al Thani is fast moving towards its glorious future.  The blockading countries by cutting land, air and sea routes desired to hamper Qatar’s march towards glory but all their plans have ended in fiasco. 

Qatar’s trade with the world is flourishing and the siege has also failed to create any kind of shortage of goods in the country whether household items or construction material needed for 2022 FIFA World Cup. 

According to fresh figures, Qatar has increased its direct imports of strategic goods from around the world to 97 percent in November compared to 82.8 percent in May, thus the state has managed to access the global markets to meet the demand of local market of high quality goods at competitive prices.  Chairman of the General Customs Authority, Ahmed Abdullah Al Gammal, said that this performance reflects the high ability of the State to protect the Qatari economy from the shortage of supply of goods and meet the market requirements in full coordination with importers, by diversifying sources of high quality imports and at suitable prices from other countries.

The General Customs Authority has also confirmed that during the past months it has strengthened qualified personnel at seaport and airport to ensure the rapid release of various goods, especially perishable items while at the same time maintaining the safety of society. 

Last month, Emir H H Sheikh Tamim bin Hamad Al Thani in his address to the Advisory Council had said: “The Qatari society knows how to lead a normal life, flourish and develop, whether the blockade is prolonged or not … we do not fear the boycott of these countries against us, we are a thousand times better off without them.” 

Meanwhile, the State of Qatar’s merchandise trade balance, which represents the difference between total exports and imports, in November 2017 showed a surplus of QR12.8bn almost, an increase of about QR3.2bn or 32.9% compared to November 2016, and increase by nearly QR4.5bn or 54.8% compared to October 2017.

The report released by Ministry of Development Planning and Statistics further showed that in November 2017, the total exports of goods (including exports of goods of domestic origin and re-exports) amounted to around QR21.8bn, showing an increase of 15.9% compared to November 2016, and increase by 3.8% compared to October 2017. 

The successes of the State of Qatar on all fronts especially the economic one with the recent mega achievements speak volume of the country’s ability to overcome the challenges posed by the unjustified blockade. The economic achievements show that the state would continue its journey towards self-reliance and development for the well-being of its people unabated.