Qatar distances itself from Turkey

  • قطر وتركيا توقعان على الوثائق النهائية لعقد شراكة تجارية واقتصادية

Erdoğan Toprak, the chief adviser to the chairman of the People’s Republican Party (CHP) and the parliamentary deputy from the province of Istanbul, prepared a report on the issue of Qatari investments in Turkey.

The report contains an analysis of Turkey’s activities in the Eastern Mediterranean. In particular, it notes: "The Turkish authorities, who are turning a blind eye to Qatar’s exploration of gas fields in the Eastern Mediterranean, together with an American company licensed by the Greek Cypriots in the exclusive economic zone, will soon notice Qatar’s distance from Turkey both in the economic and in political terms."

It adds that "Qatar’s Emir, Sheikh Tamim bin Hamad al-Sani, began withdrawing investments from Turkey and this process will accelerate in the near future."

"In turn, the Egyptian newspaper Youm7 writes that the emir secretly visited Turkey and Iran after negotiations with Trump, where he announced the requirements of the US Trump said from the emir that Qatar will develop its petrodollar funds in the amount of over $300 billion," it added.

The Turkish Ministry of Economy claims that, from 2002 to March 2017, Qatar made direct investments in Turkey in the amount of $1.5 billion; the country’s 19th largest investor.

The deputy chairman of Qatar Chamber of Commerce, Mohammed bin Ahmed bin Tovar al-Kuwari, however, said that Qatari investments in Turkey actually amounted to $18 billion; the second-largest investor in Turkey.

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