Free Trade Agreements
Qatar is a strong supporter of regional integration and has ties with all Arab League member states. Qatar has signed several bilateral agreements to ease trade and investment restrictions with Arab countries in the Gulf and North Africa. Over the past ten years, Qatar has signed bilateral investment protection agreements with several countries, including Belarus, Bosnia and Herzegovina, China, Croatia, Cuba, Finland, France, Germany, India, Iran, South Korea, Morocco, Pakistan, Romania, Senegal, Sudan, Switzerland and Turkey.
As a member of the GCC, Qatar is a signatory to the GCC Free Trade Agreement. This agreement provides duty free access to all goods produced in the GCC States, provided that the goods meet the content requirements (at least 40 percent value added within GCC factories, which are at least 50 percent owned by GCC entities). In January 2003, the GCC implemented a unified customs tariff to facilitate regional trade. The GCC aims to adopt a common currency.
Qatar is also a signatory to the Pan Arab Free trade Area.