MUSCAT: Qatar signed a memorandum of understanding with Oman on the development of bilateral investment and trade Sunday, nearly eight months into a crisis between the emirate and its Arab neighbors.
The Omani news agency ONA said the agreement signed in Muscat covers a wide range of cooperation sectors including the production and export of food products from the sultanate to Qatar.
º£½ÇÖ±²¥, Bahrain, the UAE, Yemen and Egypt broke off ties with Qatar in June, accusing it of supporting extremists and being too close to Iran.
The Arab states led by º£½ÇÖ±²¥ have recalled their diplomats from Qatar and banned the emirate from using their airspace or ports.
Oman, a member of the six-nation Gulf Cooperation Council along with Bahrain, Kuwait, Qatar, º£½ÇÖ±²¥ and the UAE, generally remains neutral in such regional disputes.
To break its isolation, Qatar inaugurated Port Hamad in September, a major platform for the country’s imports. It has also turned to Iran and Turkey, especially, to import food products.
Isolated Qatar signs agreements with Oman
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