Current Affairs PDF Sales

India and Qatar signed seven agreements to boost bilateral ties

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

Prime Minister signed the Memorandum of Understanding with Qatar Emir Tamim Bin Hamad Al Thani, discussed about bilateral ties with an important Gulf Cooperation Council (GCC) member.

Venue: Dohaindia-qatar

Main theme: Finance intelligence to check money laundering & terrorism financing and foreign investment in the infrastructure sector from the gas-rich Gulf state

Seven bilateral agreements:

  1. Cooperation in tourism
  2. Collaboration and mutual assistance in custom matters
  3. Finance Intelligence Unit-India (FIU-IND) and Qatar Financial Information Unit (QFIU)
  • Help in tracking money flow and investment from Qatar to India
  • To safeguard against money laundering & terrorism financing
  1. Investment in National investment & infrastructure fund

It would facilitate foreign investment from the gas-rich Gulf state

  1. Areas of youth and sports
  2. Support in skill development & recognition of qualifications
  3. Mutual aid in the field of health

Prime Minister interacted with Indian workers in Doha and assured to resolve their issues.

Trading Partner:

  • Qatar is an important trading partner for India with trade in 2014-15 heading at $ 15.67 billion
  • India’s key sources of crude oil

Focus by The Prime Minister:

Enhancing bonds with the Gulf region which is crucial for India’s energy security

Prime Minister met Business Leaders in Qatar and inviting them to visit India

During the visit of Prime Minister to Qatar, he met with business leaders and discussed trade and investment and made the second Prime Ministerial visit from India to Qatar.

Previous Visit: Former Prime Minister Manmohan Singh in 2008

About Qatar:

  • Capital                      Doha
  • Official languages    Arabic
  • Religion                    Islam
  • Emir                          Tamim bin Hamad Al Thani
  • Prime Minister         Abdullah bin Nasser bin Khalifa Al Thani