History:

The reach of the British Empire diminished after the Second World War, especially following Indian independence in 1947. Pressure for a British withdrawal from the Arab emirates in the Gulf increased during the 1950s, and the British welcomed Kuwait's declaration of independence in 1961. When Britain officially announced in 1968 that it would disengage politically, though not economically, from the Gulf in three years' time, Qatar joined Bahrain and seven other Trucial States in a federation. Regional disputes however, quickly compelled Qatar to resign and declare independence from the coalition that would evolve into the seven-emirate United Arab Emirates. On September 3, 1971, Qatar became an independent sovereign state.

Economy:

Qatar's national income primarily derives from oil and natural gas exports. The country has oil estimated at 15 billion barrels (2.4 km³), while gas reserves in the giant north field (South Pars for Iran) which straddles the border with Iran and are almost as large as the peninsula itself are estimated to be between 800–900tcf (Trillion Cubic Feet - 1tcf is equal to around 80 million barrels of oil equivalent). Qataris' wealth and standard of living compare well with those of Western European states; Qatar has one of the highest GDP per capita in the Arab World.[dubious – discuss] With no income tax, Qatar is also one of the two least-taxed sovereign states in the world (the other is Bahrain).

While oil and gas will probably remain the backbone of Qatar's economy for some time to come, the country seeks to stimulate the private sector and develop a "knowledge economy". In 2004, it established the Qatar Science & Technology Park to attract and serve technology-based companies and entrepreneurs, from overseas and within Qatar. Qatar also established Education City, which consists of international colleges. For the 15th Asian Games in Doha, it established Sports City, consisting of Khalifa stadium, the Aspire Sports Academy, aquatic centres, exhibition centres and many other sports related buildings and centres. Qatar also plans to build an "entertainment city" in the future.

Qatar is aiming to become a role model for economic and social transformation in the region. Large scale investment in all social and economic sectors will also lead to the development of a strong financial market.

Population:

In 2004, the country had a total population of approximately 1,000,000(in 2007), of whom approximately 200,000 were believed to be citizens.[3] Of the citizen population, Shi'a Muslims account for approximately 10 percent and Sunni Muslims comprise the remaining 90 percent. The majority of the estimated 800,000 non-citizens are individuals from South and South East Asian and Arab countries

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