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 17,2020

Kasaragod, Feb 17: A Kerala Muslim couple conducted the wedding of their Hindu foster daughter at a Bhagavathi temple in Kerala, scripting another tale of communal harmony at Kasaragod.

The wedding ceremony was held on Sunday.

The woman Rajeshwari tied the knot with Vishnu Prasad in the presence of family and friends belonging to both Hindu and Muslim communities.

Abdulla and Khadeeja adopted Rajeshwari after her father who worked at Abdulla's farm died. Rajeshwari's mother also passed away when she was a child.

Rajeshwari grew up alongside Abdulla and Khadeeja's three sons- Shameem, Najeeb and Shereef.

Earlier in January this year, cutting across the lines of religion, a mosque in Kerala's Kayamkulam hosted a Hindu marriage ceremony.

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News Network
April 4,2020

Mangaluru, Apr 4: Dakshina Kannada district deputy commissioner (DC) Sindhu B Rupesh in an official reminder has ordered milk unions to disburse about 5,000 litres of milk to residents of notified and non-notified slums, construction labourers and migrant labourers and their families in shelters in the district.

A decision regarding the free distribution of milk to such needy families was taken in a meeting by the chief minister on April 1.

The DC has ordered cooperative milk unions in the district to distribute milk to such families from April 4 till April 14.

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April 16,2020

Bengaluru, Apr 16: The lockdown in the wake ofthe coronavirus pandemic has turned out to be a deeply painful story for the Kannada film industry.

Schedules have gone awry following the stay-at-home curbs and operators in Sandalwood, as the industry is popularly known as, say about 100 films under production are affected.

They include big budget movies- 'Raja Veera Madakari Nayaka', 'Kotigobba 3', 'Robert' and 'Yuvaratna.'

Noted producer Rockline Venkatesh told P T I that the loss to the industry is to the tune of hundreds of crores of rupees.

In addition, it's a challenge for producers to secure the content of their movies from "piracy and leak" during long periods of time before their release, Venkatesh, who is Secretary of Karnataka Cine Artistes' Association, said.

A leading distributor said even after the lockdown is lifted and situation returns to normalcy, it remains a big question if investment in film business will pay off at all.

"People don't have money. We will know the impact when things become normal. Questions many ask if people will return to cinema halls like the way they did before or they prefer to stay away from crowd."

Venkatesh, who had also produced Rajinikanth-starrer 'Lingaa' and co-produced 'Bajrangi Bhaijaan' with Salman Khan in the lead role, said it would take at least one to one-and- half years for the industry to be back on its legs.

"That too if the government does hand-holding but if the industry faces a bad hit in terms of income tax and GST and other taxation, 80-90 per cent of the industry will face closure," he said.

"It does not matter if the government does not help the industry but they should not trouble us with things like IT and GST," Venkatesh, who is also a distributor and artiste, said.

A top director said people's "behaviour" towards movies is crucial for the industry's health in the post lockdown scenario.

"With people likely to shy away from going to malls, cinema theatres because of large gatherings there, it's going to be a long road to recovery for us", an industry insider said.

Striking a philosophical tone, Venkatesh said all that people worry now is to save their life and keep good health, adding, amassing money and wealth is the last thing on their mind.

Producers Soorappa Babu and Umesh Banakar, who is also Vice-President of the Karnataka Film Chamber of Commerce, told P T I that the industry has taken a huge hit.

Banakar said the loss to the industry due to the lockdown is at least Rs 1,000 crore.

"The coronavirus has affected the entire world. We don't know what to do; we just have to wait," Soorappa Babu, producer of Kiccha Sudeep-starrer 'Kotigobba 3', said.

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