India seeks investments from Qatar in infra, energy sectors

December 3, 2016

New Delhi, Dec 3: India on Saturday sought investments from Qatar in the infrastructure and energy sectors as the two sides signed four agreements, including on visas and cyber security.

modi

During delegation-level talks here led by Prime Minister Narendra Modi and his visiting Qatari counterpart Sheikh Abdullah bin Nasser bin Khalifa Al Thani, the two sides reviewed bilateral relations in depth, in particular on the follow-up of the important decisions taken during Modi's visit to Qatar in June this year.

Sources here said the two leaders discussed cooperation in various sectors and acknowledged that the current level of trade and investment was much below potential.

"Prime Minister Modi highlighted the tremendous opportunities available for Qatari investment in India's infrastructure and energy sectors," a source said.

"He outlined the various measures taken by his government to open up the Indian economy and welcome FDI."

Modi and Al Thani also identified civil aviation as a priority sector for enhancing cooperation.

According to the sources, Modi mentioned that India imported eight million tonnes of urea per year and said that a long term arrangement with Qatar for the supply of urea would be welcome.

India could also meet Qatari needs in the area of food security, he said.

On his part, the Qatari Prime Minister invited India's participation in infrastructure and investment opportunities coming up ahead of the FIFA World Cup in that Gulf nation in 2022.

He also welcomed Indian investment in the port sector of Qatar.

"On energy cooperation, Prime Minister Modi said that we should go beyond the buyer-seller relationship to include joint ventures, joint research and development and joint exploration," the source said.

Qatar is the largest supplier of LNG to India, accounting for 66 percent of the total imports in 2015-16.

Modi, it is learnt, said that Indian companies were ready to invest in both upstream and downstream projects in Qatar in the hydrocarbon sector.

The two leaders discussed enhancing cooperation in defence and security, in cyber security in particular, and agreed on joint action to tackle money laundering and terrorist financing.

The security situation in Iraq, Syria and Yemen also came up for discussion.

Following the delegation-level talks, four agreements were signed by the two sides.

One agreement allows holders of diplomatic, special and official passports of the two countries visa-free travel between the two countries.

A protocol on technical cooperation in cyber space and combating cyber crime was signed between the Ministry of Home Affairs of India and the Ministry of Interior of Qatar.

The protocol adds an important dimension of bilateral technical cooperation in cyberspace and combating cyber crime to the existing framework agreement in the field of security signed in November 2008.

A letter of intent was signed that allows for negotiations on an agreement on grant of e-visa to businessmen and tourists of the two countries.

A memorandum of understanding (MoU) was also signed between Supreme Committee for Delivery and Legacy of Qatar and Confederation of Indian Industry which will provide a framework for project experts for Indian companies in Qatar, including through participation in infrastructure projects in Qatar undertaken for the 2022 FIFA World Cup.

Another MoU was signed for encouraging greater collaboration and exchange in the field of national ports management.

Al Thani arrived here on Friday in what was the third exchange of high-level visits between Indiaand the Gulf nation in less than two years.

Qatari Emir Sheikh Tamim bin Hamad Al-Thani visited India in March 2015 which was followed by the visit of Modi to that Gulf nation in June 2016.

Indians form the largest expatriate community in Qatar and their positive contribution in the progress and development of their host country is well recognised. There are over expatriate 630,000 Indians in Qatar.

Comments

Narayana
 - 
Sunday, 4 Dec 2016

Oh my Godse!! Idu enaithu marayarey!!!

satyameva jayte
 - 
Saturday, 3 Dec 2016

hi naren and viren.....any comments for your PM dealing with wahabi islamic countries? tum log bhi sudhar jaao.... papa enjoying...pillas troubling...

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News Network
February 13,2020

Mangaluru, Feb 13: After pro-Kannada outfits called for a state-wide bandh today, the police are on high-alert to avoid any untoward incidents.

The dawn to dusk bandh was called demanding implementation of Sarojini Mahishi report which recommended certain percentage of jobs to Kannadigas in private & public sector companies.

There is no official holiday declared for schools and colleges. Besides, all government institutions and private establishments are open.

But, in some parts of Karnataka, autorickshaws and taxis, including Ola and Uber stayed off the roads.

Even though the bandh is unlikely to hit normal life in coastal Karnataka, stones were pelted on a Tirupati-Mangaluru bus in Farangipet.

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News Network
June 5,2020

Bengaluru, Jun 5: The much awaited Southwest Monsoon entered Karnataka with widespread rain in coastal and central regions of the southern state, an official said on Friday. Rain and thundershowers are likely to occur at most places over coastal areas and at a few places over the interior parts over the next 24-48 hours.

"The southwest monsoon entered the state on Thursday as predicted from Kerala and the Arabian Sea, with moderate to heavy rainfall in the coastal districts and central or Malnad region of the state," Karnataka State Natural Disaster Monitoring Centre Director Srinivas Reddy told media here.

Though the monsoon has set in on time in the state, Reddy said its progress was likely to be slow in the next three days, as cyclone Nisarga induced high-speed winds took away rain-bearing clouds from the southern peninsula.

According to the regional meteorological office, Karwar in Uttar Kannada district received a whopping 15cm rainfall on Thursday, followed by 11cm each at Kundapur in Udupi district and Shivamogga in Malnad region.

Kadra and Gersoppa in Uttara Kannada and Kottigehara in Chikkamagaluru district had 10cm rainfall, followed by 8cm at Virajpet in Kodagu district and 7cm each at Shirali and Gokarana in Uttara Kannda.

Isolated to scattered rainfall also occurred in many places across the north and south interior regions of the state.

"The monsoon will advance in the state to south and north interior areas after June 8 as there is lull in its movement due to lack of rain-bearing clouds and winds to carry them," said Reddy.

Noting that the four-month monsoon from June to September, crucial to the rain-dependent state would be normal this year, Reddy said its progress and spread, however, would depend on various factors like cloud formations and wind movements.

"Conditions are likely to become favourable for monsoon advancement in the state over the next 2-3 days," asserted Reddy.

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coastaldigest.com web desk
July 1,2020

The United States of America has bought almost the entire world's supply of remdesivir, one of just two drugs proven to treat COVID-19. 

“President Trump has struck an amazing deal to ensure Americans have access to the first authorised therapeutic for Covid-19,” said the US health and human services secretary, Alex Azar. 

“To the extent possible, we want to ensure that any American patient who needs remdesivir can get it. The Trump administration is doing everything in our power to learn more about life-saving therapeutics for Covid-19 and secure access to these options for the American people.”

The announcement implies that no other country in the world will be able to buy remdesivir for next three months at least.

The anti-viral drug patented by the US-based Gilead biotech firm is the only one approved by the European Medicines Agency (EMA) to treat patients with the novel coronavirus.

The Trump administration has already shown that it is prepared to outbid and outmanoeuvre all other countries to secure the medical supplies it needs for the US.

“They’ve got access to most of the drug supply [of remdesivir], so there’s nothing for Europe,” said Dr Andrew Hill, senior visiting research fellow at Liverpool University.

Remdesivir, the first drug approved by licensing authorities in the US to treat Covid-19, is made by Gilead and has been shown to help people recover faster from the disease. 

The first 140,000 doses, supplied to drug trials around the world, have been used up. The Trump administration has now bought more than 500,000 doses, which is all of Gilead’s production for July and 90% of August and September.

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