The emir of Qatar Sheikh Tamim bin Hamad al-Thani said Tuesday that Qatar won't obey the demands by the Saudi-led countries.
Saudi Arabia, Bahrain, Egypt and the United Arab Emirates began their boycott of Qatar on 5th of June over allegations that Qatar supports extremists.
"We do not fear the boycott of these countries against us, we are a thousand times better off without them", the emir said, adding however that "vigilance is required".
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While addressing the opening of Advisory Council's 46th Ordinary Session, Emir said his government was preparing for elections to the consultative body.
In his speech, Tamim also said his government was focusing on completing strategic projects to help the country cope with the sanctions imposed by its neighbours, including ports, water and food security, and to encourage investments.
They accuse Qatar's government of supporting Islamist extremism and fostering close ties with Iran.
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"We express our readiness for a compromise within the framework of a dialogue based on mutual respect for sovereignty and common obligations, but on the other hand we recognise that the indicators that come from the blockade states show they do not want to reach a solution", Tamim said. It shares a major offshore natural gas field with Tehran.
Qatar, which is scheduled to host the 2022 World Cup, insists that it is economically strong enough to survive the crisis.
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