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 Networks
March 7,2020

Bengaluru, Mar 7: Karnataka Chief Minister BS Yediyurappa on Friday said that the Upper Krishna Project (UKP) will be completed within the next three years.

Speaking in the Assembly, the Chief Minister said: "After discussing with the officials of the finance department, we have decided to allocate Rs 10,000 crore funds for the third phase of UKP. This project will be completed within a span of three years."

Yediyurappa also said that the government will hold talks for additional funds from the Central government.

The leader of Opposition, Siddaramaiah, interrupted and said that the CM has announced this just to gain the confidence of MLAs from north Karnataka.

"The government could have announced it in the budget itself or else the Chief Minister could have announced it at the time of discussion on the budget. Where are the funds with the government to complete the project? CM has announced this just to gain the confidence of MLAs who hail from north Karnataka," said Siddaramaiah.

Deputy Chief Minister Govinda Karajol while speaking to the media welcomed the Chief Minister's statement and said that the earlier government didn't allocate a single penny in the last seven years he added.

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News Network
April 21,2020

Apr 21: An 80-year-old COVID-19 patient has died in Karnataka's Kalaburagi district, taking the death toll in the state to 17, Medical Education Minister K Sudhakar said on Tuesday.

The elderly person was suffering from Parkinson's disease for the last three years and died at a hospital on Monday, the minister said in a tweet.

"The person had developed fever on Sunday and was admitted to the hospital. The patient passed away yesterday at 9 am. Last night at 9 pm the death report came, which confirmed that the person was COVID-19 positive," Sudhakar tweeted.

The total number of COVID-19 infections in the state has crossed the 400-mark, according to last evening's bulletin by the Karnataka health department.

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News Network
February 5,2020

Chennai, Feb 5: In order to ensure housing for all, the Madras High Court has proposed ban on non-resident Indians from purchasing houses in India, prohibit speculative sale, and impose 100 per cent extra stamp duty on purchase of second house.

The court on its own impleaded the Union housing and finance ministries as party respondents.

It has directed them to answer a series of questions including as to how many families have basic amenity of housing in India as well as in Tamil Nadu, population and housing ratio in the country and in the state, when 'Housing for All' mission of the central government would be achieved.

"Why the government does not consider imposing such restrictions to control escalation of house prices and to provide a house to every family in the country, a division bench of Justice N Kirubakaran and Justice Abdul Quddhose wondered.

Directing the authorities to inform as to whether the central and state have got special schemes to provide housing for the marginalized and economically weaker sections including SC/ST communities, the bench has also sought the details of the number of families that possess more than one house.

"Why the governments do not restrict families/individuals from purchasing/possessing more than one housing unit/flat/plot till "Housing for all" is achieved?

Why not the government charge 100 per cent more or extra stamp duty to discourage buying more than one house by a family while purchasing second house?

Why not the government conditionally allow the families to purchase more than one house provided the said family pays 100 per cent extra statutory dues like property tax, electricity charges, water and sewerage charges on the second property?" the bench said.

This apart, the court also wanted the authorities to know as to why it should not prohibit the NRIs from purchasing houses in India to bring down the cost of housing.

Justifying its directions, the court said "Lakhs and lakhs of people are living on platforms, roads, and cement pipes, slums, under the trees and on banks of water bodies without proper shelter and basic amenities and safety."

It is true that the Centre had taken a policy decision to provide housing unit to every family.

It should be achieved at the earliest, the court said, adding it could become fruitful when restrictions are put on persons who hold more than one housing units.

The court passed the order while hearing an appeal moved by the Tamil Nadu Housing Board challenging a single judge order against acquisition of about 369 acres of private land in Thudiyalur and Vellakinar areas of Coimbatore for a housing scheme.

Comments

Suresh SS
 - 
Wednesday, 5 Feb 2020

We believed that only Indian Govt. ministers, MP and MLAs has this disease, now it is spreading everywhere even Indian High courts. it is certainly very harmful virus  

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