Qatar signs €12B-worth of deals with France

Qatar signs €12B-worth of deals with France

Speaking at a joint news conference with visiting French President Emanual Macron, Tamim also said that Qatar has been committed to fighting terrorism from the beginning, adding that reports being floated had been investigated and were shown to be erroneous, according to Reuters.

The Gulf crisis is the worst to hit the region since the establishment of the Gulf Cooperation Council (GCC) in 1981.

On June 5, Saudi Arabia, United Arab Emirates, Bahrain and Egypt severed all diplomatic and economic ties with gas-rich Qatar, accusing it of links to extremist groups and being too close to Shiite Iran, Riyadh's arch-rival. The Qatari foreign minister said on July 31 that the crisis should be solved through diplomacy without touching Qatar's sovereignty and made it clear that Qatar will not accept any demands that are not in line with worldwide law. Qatar has denied the allegations and repeatedly called for a negotiated settlement.

Qatar will buy the VBCI armored vehicles from French Nexter, the agreements were signed as part of $12 billion deals during the French president Emmanuel Macron's visit to Doha on Thursday.

Airbus has announced the sale of a further 50 A320 passenger jets to the Middle East state of Qatar.