QATAR ORDERS SEVEN WARSHIPS FROM ITALY WORTH FIVE BILLION EUROS

Qatar has ordered seven warships from Italy, worth five billion euros, amid diplomatic crisis with Saudi-led bloc, according to the Qatari foreign minister.

“We have signed a contract, on behalf of the Qatari navy, to acquire seven warships from Italy, for five billion euros (5.9 billion U.S. dollars),” Foreign Minister, Sheikh Mohammed bin Abdulrahman Al-Thani, said, at a Doha press conference, with his visiting Italian counterpart, Angelino Alfano.

Saudi Arabia and its allies, including Egypt and the United Arab Emirates, cut diplomatic and trade ties with Qatar on Jun 5, accusing Doha of backing extremist groups and being too close to Riyadh’s arch-rival, Iran.

Qatar, a key US ally, denies the allegations, and accuses the Saudi-led bloc of imposing a “siege” on the tiny emirate

Source: NAM News Network

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