PM Modi speaks to Qatar Emir; task force to be set up to boost Qatari investments into India

Prime Minister Narendra Modi and Qatar’s Emir Sheikh Tamim Bin Hamad Al-Thani on Tuesday agreed to set up a special task force to facilitate investments by the Qatar Investment Authority into India, in an attempt to attract capital into the country’s economy.

During a telephonic conversation, the two leaders also looked at potential Qatari investments in the entire energy value chain in India and reviewed recent positive developments in the investment and energy sectors.

They discussed the “robust cooperation” between both sides in investment flows and energy security, and decided to “create a special task force to further facilitate investments by Qatar Investment Authority into India”, the MEA said. Modi conveyed his felicitations to the emir for the forthcoming Qatari national day while Al-Thani appreciated the enthusiasm with which the Indian community in Qatar participates in the celebrations.