India, Qatar signal 7 Agreements to enhance Cooperation And funding

India, Qatar signal 7 Agreements to enhance Cooperation And funding

India, Qatar Sign 7 Agreements To Boost Cooperation And Investment

Agreements were signed by means of Indian and Qatar officers inside the presence of high Minister Narendra Modi and Emir Sheikh Tamim Bin Hamad Al Thani.
DOHA: India and Qatar today signed seven agreements, together with one on finance intelligence to testcash laundering and terrorism financing and another to woo overseas investment within the infrastructurequarter from the gaswealthy Gulf country.

Cooperation and investment in areas of skill improvement and education, fitness, tourism and sportsbetween the two nations had been the alternative agreements signed by means of Indian and Qatarofficials within the presence of high Minister Narendra Modi and Emir Sheikh Tamim Bin Hamad Al Thani.

reputable talks had been held among PM Modi and Sheikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of expertise (MoUs) weresigned on the second one day of the high minister’s visit.

An MoU turned into signed among Qatar investment Authority and outside Affairs Ministry for funding innational investment and Infrastructure Fund between the two international locations that might facilitateforeign investment from the gasolinewealthy Gulf nation.

An MoU signed between Finance Intelligence Unit – India (FIU-IND) and the Qatar monetary statistics Unit (QFIU) might help in monitoring money go with the flow and investment from Qatar to India. it wouldadditionally help authorities to protect against money laundering, terrorism financing and other monetaryoffences.

An agreement was also signed between the 2 nations on cooperation and mutual help in custom mattersbesides an MoU on cooperation in tourism.

PM Modi became accorded a ceremonial protect of honour on the Emiri Diwan that became followed withreliable bilateral talks among the 2 leaders.

PM Modi and Sheikh Tamim held certain talks on a wide variety of troubles with an cause to offer a push to India-Qatar ties.

Qatar is an essential trading companion for India in the Gulf location with bilateral alternate in 2014-15standing at $15.67 billion. it’s also one in all India’s key resources of crude oil.

at the same time as touchdown here the day before today, PM Modi had said India attaches first rateprecedence to sturdy ties with Qatar and that his go to seeks to make bigger the bilateral ties further.

The high minister has been focusing on improving ties with the Gulf region that is essential for India’selectricity protection. He has already visited United Arab Emirates and Saudi Arabia.