Qatar Airways launched international arbitration seeking at least $5 billion from 4 boycotting Arab countries for blocking its flights from their airspace and their markets.
Qatar , Qatar
26 July 2020, 12:00 AM
05 August 2020, 12:00 AM
The Doha-based carrier Qatar Airways launched international arbitration seeking at least $5 billion from four boycotting Arab countries for blocking its flights from their airspace and their markets, years into a simmering political dispute between the nations.
The airways did not elaborate where it initiated international arbitration against Bahrain, Egypt, Saudi Arabia, and the United Arab Emirates, all of whom launched a boycott of Qatar in June 2017 that continues today, according to the associated press reports.
In a statement, the airline said the arbitration involved three separate agreements Qatar had with the boycotting nations: the Organization of the Islamic Conference Investment Agreement, the Arab Investment Agreement and the bilateral investment treaty between the State of Qatar and Egypt.
Qatar Airways CEO Akbar al-Baker said in a statement: “The decision by the blockading states to prevent Qatar Airways from operating in their countries and flying over their airspace is a clear breach of civil aviation conventions and several binding agreements they are signatories to.”
“The blockading states must be held accountable for their illegal actions in the aviation sector, which includes a failure to comply with their obligations under bilateral agreements, multilateral agreements, and international law,” he added.