India and Qatar signed Six agreements including a Pact on Cooperation in Oil and Gas Exploration

India and Qatar on 9 April 2012 signed six agreements, including a pact on cooperation in oil and gas exploration. The agreements were signed in New Delhi during the visit of Qatar’s Emir Sheikh Hamad bin Khalifa al- Thani. Both the leaders had discussions on a range of issues, including boosting trade and investment as well as energy ties between the two countries. Issues relating to the welfare of Indian workers in the Gulf country were also discussed.

India and Qatar signed a pact on establishing a cooperative framework to increase bilateral cooperation in oil and gas. It is likely to encourage and promote investment and cooperation between the two Ministries of oil and gas and through affiliated companies. A memorandum of Understanding was signed between the Reserve Bank of India and Qatar Central Bank.