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Jordan bets on GCC deal to boost economy

Jordan has attempted to remain neutral in the Gulf feud that erupted in 2017 when a Saudi-led bloc of nations cut diplomatic ties with Qatar. The kingdom has welcomed the agreement recently signed to end the Gulf dispute.
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Jordan was quick to welcome the historic agreement between Qatari and other Gulf leaders signed Jan. 5, under which full diplomatic relations were restored while ending three and a half years of an economic blockade imposed jointly in June 2017 by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt on Qatar.

The agreement was reached at a Gulf Cooperation Council (GCC) meeting in the Saudi city of Al-Ula, which was chaired by Saudi Crown Prince Mohammad bin Salman. Qatari Emir Sheikh Tamim bin Hamad Al Thani attended the reconciliation summit. Egypt, which is not part of the GCC, also signed the agreement.

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