GS-2, International Relations, Uncategorized

India, Qatar Sign 7 Agreements To Boost Cooperation And Investment

India and Qatar have signed seven agreements to boost cooperation and bilateral investments. These agreements were signed during the recent visit of PM Modi to Qatar.

MoUs signed:

  • According to one memorandum of understanding (MoU), Qatar will invest in India’s National Investment and Infrastructure Fund (NIIF). The government had set up the Rs 40,000-crore NIIF last year for enhancing infrastructure financing in India.
  • Another MoU was signed between India’s Ministry of Skill Development and Entrepreneurship, and Qatar’s National Qualifications Authority/Supreme Educational Council, on cooperation in skill development and recognition of qualifications.
  • A third MoU calls for Cooperation in tourism between the two countries.
  • Another MoU was signed on cooperation between India and Qatar in the field of health.
  • A fifth MoU was signed between Finance Intelligence Unit-India (FIU-IND) and the Qatar Financial Information Unit (QFIU).
  • An agreement was signed on cooperation and mutual assistance in customs matters.
  • A first executive programme for MoU in the field of youth and sports between the two countries was also signed.

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