Baku, Azerbaijan, July 7
By Anvar Mammadov – Trend:
Economic isolation of Qatar opened new opportunities for Azerbaijan’s private sector, a source in the country’s market told Trend July 7.
The current situation allowed Azerbaijani companies to partially fill the empty places that emerged in the Qatari market.
“Such a situation has already arisen during the economic blockade of Russia,” the source said. “Our companies have already realized what benefit can be obtained from such situations. Although the Azerbaijani government takes a neutral position regarding the situation with Qatar, private companies rushed to the Qatari market in the hope to occupy the empty places and gain profit. Some of them succeeded in this.”
On June 5, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt broke off diplomatic relations and communication with Qatar, accusing it of supporting terrorism and interfering in their internal affairs. Later, the Maldives, Mauritius, and Mauritania also announced the severance of diplomatic relations. Jordan and Djibouti reduced the level of their diplomatic missions in Qatar.