UAE Minister of Foreign Affairs Gargash said the international monitoring was needed in the standoff between Doha and its Arab neighbors, adding he saw signs the pressure exerted on Doha “was working”. Saudi Arabia, UAE, Egypt and Bahrain imposed sanctions on Qatar on June 5, cutting diplomatic and transport ties, accusing it of financing terrorism and allying with Iran, but Doha denies. “We need a regional solution and international monitoring,” Gargash insured in prepared remarks he was scheduled to deliver on Monday in London.
“We need to be certain that Qatar, a state with $300 billion in reserves, is no longer an official or unofficial sponsor of jihadist and terrorist causes,” he added. UAE, Gargash said the memorandum of understanding signed by Washington and Doha on Tuesday on the financing of terrorism was a positive development. Washington and Doha signed the agreement as US Secretary of State Rex Tillerson visited Qatar on a three-day tour of Gulf-Arab countries to try to end a month-long rift between Arab-allied Arab countries. The Arab allies have said the memorandum fell short of allaying their concerns; their sanctions would remain in place until Qatar meets their demands and that they would keep a close eye on Doha’s efforts to fight terrorism funding. “We do see signs now, however, that our pressure is working,” UAE, Gargash said. “We are ready for this process to take a long time.”