Qatar's trade surplus reached $52 billion in 2018, the country's Minister of Commerce and Industry said Sunday.
The tiny gas-rich monarchy has expanded its trade relations after the blockade effectively cut its access to an estimated 60 percent of the goods it imported. Speaking at a forum on Qatar-Pakistan trade, Minister Ali Al Kuwari said trade between the two countries grew over 230 percent in 2018 to $2.6 billion, Reuters reported Sunday. Trade with Iran and Turkey has also increased, while Doha is pursuing partnerships with Western countries, including an open skies agreement with the EU which will be the first between the bloc and any Gulf Cooperation Council state.
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