India, Qatar sign MoU to boost Cooperation and Investment

At the invitation of His Highness Sheikh Tamim Bin Hamad Al-Thani, Emir of the State of Qatar, Hon’ble Prime Minister of the Republic of India, Shri Narendra Modi paid a two-day official visit to the State of Qatar from 4-5 June, 2016.

The two leaders agreed to enhance cooperation to strengthen maritime security in the Gulf and the Indian Ocean regions, vital for the security and prosperity of both countries. The Qatari side appreciated the initiative taken by Prime Minister Modi leading to the formation of International Solar Alliance. They acknowledged the importance in advancing new solar technologies worldwide.

India also invited the Gulf nation to invest in the country’s exploration and production sector by bidding for the blocks under the new ‘Hydrocarbon Exploration and Licensing’ Policy and “Discovered Small Fields” Policy.

Both sides highlighted the need to isolate the sponsors and supporters of terrorism and agreed that urgent action against all such entities, which support terrorism and use it as an instrument of policy, must be taken.

India and Qatar agreed to enhance high-level political exchanges, defence and security cooperation, trade and economic relations and people-to-people linkages.