Ex-post facto approval granted to India-Qatar MoU on financial-economic cooperation

ANI
11 Mar 2025, 20:36 GMT+10

New Delhi [India], March 11 (ANI): An ex-post facto approval has been granted to the Memorandum of Understanding (MoU), which was signed by the ministries of finance of India and Qatar in February, a statement from India's Finance Ministry said Tuesday.

The MoU was signed to enhance financial and economic cooperation between the two countries. The agreement was signed during the visit of the Amir of Qatar, Sheikh Tamim Bin Hamad Al Thani, to India on February 18, 2025.

Baldeo Purushartha, Joint Secretary, Department of Economic Affairs, Ministry of Finance, and Mohammed Hassan Jabir Al-Jabir, Ambassador to the State of Qatar, signed the MoU.

The MoU aims to promote and develop mutual collaboration in economic policies, financing tools, a public-private partnership framework, and investment. This collaboration will institutionalise a commitment to expanding Qatar's mutually beneficial and multi-faceted bilateral relationship.

The MoU is expected to explore new and emerging sectors and avenues for investments in both countries.

This MoU marks an important milestone in the journey towards achieving the common objectives of both countries.

The Ministries of Finance of both countries shall promote models and areas of joint collaboration, such as organising expert workshops, seminars, and conferences; exchanging documentary and technical information in areas of joint work; and keeping pace with the dialogue between the business communities of the two countries.

The exchange of the MoU signifies the commitment of both sides to work together and unlock new opportunities for investment, growth and development. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Arab Herald.

More Information

null in null

Muslim

Section

"If not withdrawn, we will campaign against bill": All India Muslim Personal Law Board on Waqf Bill

New Delhi [India], March 11 (ANI): All India Muslim Personal Law Board (AIMPLB) Spokesperson Syed Qasim Rasool Ilyas on Tuesday asserted...

"Shown Ganga-Jamuni Tehzeeb for decades": Union Minister Chirag Paswan attacks Tejashwi Yadav

Patna (Bihar) [India], March 11 (ANI): Union Minister Chirag Paswan on Tuesday slammed Rashtriya Janata Dal (RJD) leader Tejashwi Yadav...

We call it Indian Air Force, also sing Sare jahan se achha Hindustan: J-K CM on RSS' Hosabale

Jammu (Jammu and Kashmir) [India], March 11 (ANI): In response to RSS General Secretary Dattatreya Hosabale's recent statement, Jammu...

BJP leaders raise 'Holi', 'Jumma' remarks to "divert attention from unfulfilled govt promises," says Shatrughan Sinha

New Delhi [India], March 11 (ANI): Amid controversial statements over 'Holi' and 'Jumma' (Friday prayers) by BJP leaders in Uttar Pradesh...

All India Muslim Personal Law Board to hold protest against Waqf (Amendment) Bill on March 17

New Delhi [India], March 11 (ANI): The All India Muslim Personal Law Board (AIMPLB) has called for a protest on March 17 at Delhi's...

Gunmen storm hotel in central Somalia, siege ongoing

MOGADISHU — Gunmen stormed a hotel in the town of Baladweyne in central Somalia on Tuesday where local elders and government officials...

Middle East

Section