The UAE said on Thursday that it has formally concluded dispute proceedings over trade violations committed by Qatar through the World Trade Organisation (WTO) Dispute Settlement Body.
The decision following Qatar’s withdrawal of the discriminatory measures which triggered the dispute, state news agency WAM reported.
Qatar’s discriminatory measures against goods and distributors originating from the UAE, imposed in May and June 2018, violated Qatar’s obligations and commitments as a member of the WTO, WAM said.
As a result, the UAE put forward a request for the formation of a WTO dispute settlement panel on January 28 against Qatar to seek the withdrawal of the discriminatory measures.
On March 31, Qatar withdrew the measures in question in order to address the claims contained within the dispute.
Accordingly, the UAE has notified the WTO of its willingness to conclude proceedings against Qatar, WAM added.
A spokesperson for the UAE Mission in Geneva was quoted as saying: "Qatar’s withdrawal fulfilled the UAE’s request in the complaint. However, the UAE reserves the right to take further action if Qatar renews its WTO violations.
"The United Arab Emirates would like to thank the World Trade Organisation for its efforts to resolve this matter and for helping to ensure members’ compliance with WTO obligations."For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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