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BW Businessworld

India And Qatar Seek To Boost Energy Ties, Trade

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India and Qatar have signed six agreements as the two countries look to enhance cooperation in the energy sector and boost trade and investment.
 
The pacts were signed after Emir of Qatar Tamim Bin Hamad Al Thani held extensive talks with Prime Minister Narendra Modi on Wednesday during which both the leaders discussed a range of issues.
 
Five memorandums of understanding will provide for cooperation in areas like information and communication technology, atmospheric and ocean sciences and media.
 
Under one agreement Indian prisoners convicted in Qatar can be brought to India to serve the remaining part of their sentence. Similarly Qatari citizens convicted in India can be sent to their home country to serve jail term.
 
According to official figure, 96 Indians are currently languishing in various jails in Qatar which is home to around 600,000 Indians.
 
Qatar is an important country for India in the Gulf region. It supplies 86 per cent of India's Liquified Natural Gas (LNG). The bilateral annual trade is around $16 billion.
 
The MoU in the field of information and communication technology would provide for enhanced business opportunities for Indian IT industry in Qatar.
 
Qatar has embarked on an ambitious programme for overall development as part of its Qatar 2030 vision and has created a dedicated Ministry of Information and Communication Technology for capacity building in ICT.
 
Another MoU was signed between Ministry of Earth Sciences and Qatar Meteorological Department for cooperation in the field of atmospheric and ocean sciences.
 
A separate MoU was inked between Diplomatic Institute of Qatar's Foreign Ministry and Foreign Service Institute of External Affairs Ministry to facilitate exchange of faculty members and experts.
 
The two sides also finalised a pact to encourage regular exchange of radio and TV programmes and content between Prasar Bharati and Qatar Media Cooperation.