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India, Qatar signs seven agreements to boost bilateral ties

Doha: India and Qatar today signed seven agreements, including on investment and tourism promotion, following delegation level talks headed by Prime Minister Narendra Modi and Qatar Emir Tamim Bin Hamad Al Thani. Cooperation and

India TV Business Desk Published : Jun 05, 2016 18:48 IST, Updated : Jun 05, 2016 18:50 IST
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Image Source : PTI India and Qatar signing seven agreements

Doha: India and Qatar today signed seven agreements, including on investment and tourism promotion, following delegation level talks headed by Prime Minister Narendra Modi and Qatar Emir Tamim Bin Hamad Al Thani.

Cooperation and investment in areas of skill development and education, health, tourism and sports between the two countries were the other agreements signed by Indian and Qatar officials in the presence of the two leaders.

Official talks were held between Modi and Sheikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding (MoUs) were signed on the second day of the Prime Minister’s visit here.

An MoU was signed between Qatar Investment Authority and External Affairs Ministry for investment in National Investment and Infrastructure Fund between the two countries that would facilitate foreign investment from the gas-rich Gulf state.

Read Also: Leela Group signs pact with Qatar firm to build hotel near Taj Mahal

An MoU signed between Finance Intelligence Unit India (FIU-IND) and the Qatar Financial Information Unit (QFIU) would help in tracking money flow and investment from Qatar to India. It would also help authorities to safeguard against money laundering, terrorism financing and other economic offences.

An agreement was also signed between the two countries on cooperation and mutual assistance in custom matters besides an MoU on cooperation in tourism.

Modi was accorded a ceremonial guard of honour at the Emiri Diwan that was followed with official bilateral talks between the two leaders.

(With inputs from PTI)

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