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Qatar

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On February 6, 2019, the Treasury Department published in the Federal Register  a current list of countries which require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code of 1986). On the basis of the best information currently available to Treasury, the following countries require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3)…

The WTO announced that Members expressed their concerns over possible measures by the United States regarding extra duties on the import of automobiles, including cars, SUVs, vans, light trucks and automotive parts, at the Council for Trade in Goods (CTG) held on 3 and 4 of July. Over 40 members — including the 28 European Union members — took the floor to warn of the “serious disruption” to world markets and the multilateral trading system that may arise as a result of these potential measures, particularly in light of the large proportion of global trade accounted for by these products. The announcement said:

On May 16, 2018, the Department of the Treasury published in the Federal Register, in accordance with section 999(a)(3) of the Internal Revenue Code of 1986 (IRC), a current list of countries which require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the IRC). On the basis of the best information currently available to Treasury, the following countries require or may require participation in, or…

 Navigating the uncertainty of doing business with Qatar
Broadcast timings on 19 July 2017
6 am San Francisco; 8 am Dallas; 9 am New York; 2 pm London; 3 pm Frankfurt; 5 pm Dubai

On Monday, 5 June 2017, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic ties with Qatar and moved to close off access to the Gulf country, with a boycott on air, sea or land traffic to and from Qatar, with other Arab and African countries following their lead. The political and economic boycott has had major implications for international trade.

On June 5, 2017, Saudi Arabia and Bahrain followed by the United Arab Emirates, Egypt  Yemen, and one of Libya’s interim governments cut diplomatic relations with, and trade ties with Qatar. The UAE issued a statement which said it was “based on the insistence of the State of Qatar to continue to undermine the security and stability of the region.”  In the statement the UAE said the following steps were taken: