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A diplomatic rift between Qatar and its Gulf neighbors may cost them billions of dollars by slowing trade and investment and making it more expensive for the region to borrow money as it grapples with low oil prices.The tiny state's newly expanded port facilities mean it can continue liquefied natural gas exports that earned it a trade surplus of $2.7 billion in April, and import by sea goods that used to come over its land border with Saudi Arabia, now closed.Similarly, Saudi Arabia and other GCC countries traditionally account for only about 5 to 10 percent of trading on the Qatari stock market, according to exchange data, suggesting even a total pullout would not sink the market.Nevertheless, Qatar will face higher costs in some areas. Saudi Arabia and the UAE provided $309 million of Qatar's $1.05 billion of food imports in 2015 . Trade and investment went on much as before.
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