Doing Business In Qatar….

By-Sourabh

Fishing Pearls:

People go diving for pearls or fishing for fish and then sell them to get money to feed their family

Just For Food:

People often bring animals with them so when there are no seas to go fishing in, they eat the animals. They bring animals such as Camels, Sheep, Goat, and many more.

Qatar’s Big Thing:

Qatar has more new stuff. The most biggest change it seems are the buildings. There are more fancy hotels everywhere! The Zig-Zag, the four seasons and sooo many more!

Transportation:

The Qataris used boats for pearl diving, fishing etc.

Camels were used to ride across desert, to carry goods etc

Clothing:

The Qataris clothing has not changed much more. The men’s clothing is called thoub and the women’s is called abaya.

Visits from India (2005-2012)

Shri Manishankar Iyer Minister of Petroleum ( Nov.2005)

Dr. Manmohan Singh Prime Minister of India (9-10/11/2008 )

Dr. Farooq Abdullah Minister of New and Renewable Energy (12-14/3/2010)

Shri Murli Deora Minister of Petroleum & Natural Gas(22-24/4/2006, 28-30/10/2007, 16/12/2009)

Cont….

Shri Anand Sharma Minister of Commerce, Industry and Textile(22-23/4/2012)

Shri S. Jaipal Reddy Minister of Petroleum & Natural Gas(4-6/12/2011 )

Shri Praful Patel Minister of State for Civil Aviation(4-5/1/2011 )

And many more…..

Visits to India (2005-2012)

Sheikh Hamad bin Khalifa al Thani Emir of the State of Qatar(13-15/5/2005, 8-9/4/2012)

Mr. Ahmed bin Abdullah Al Mahmoud Minister of State for Foreign Affairs (19-21/6/2005)

Mr. Yousuf Hussain Kamal Minister of Finance(5/10/2006, 3/3/2011)

And many more….

India Qatar Bilateral Trade: India has a long history of friendly

relations with Qatar marked by commercial ties and people to people contacts. 

The relationship today is rich, close and multi-dimensional.

A number of steps have been taken to further strengthen and expand bilateral relations.

Cont….

These include exchanges of high level visits, cooperation in multilateral institutions, political consultations etc.

The Prime Minister and Minister for Foreign Affairs HE Sheikh Hamad bin Jassim al Thani visited India in April 2006.

Hon’ble Prime Minister visited Doha on November 9 - 10, 2008, marking the first ever visit by an Indian Prime Minister.

Cont…..

The Prime Minister, accompanied by a high level delegation including Minister of Petroleum and Natural Gas, Minister of Overseas Indian Affairs, Dy. Chairman Planning Commission, MOS(EA) and NSA visited Qatar on November 9 - 10.

Both sides decided to take appropriate steps to significantly enhance the economic content of the relationship.

Cont….

This Committee is being co-Chaired by HE Khalid al Attiyah, Minister of State for International Cooperation and Principal Secretary to PM.

The first meeting of this Committee was held in New Delhi in February 2009. 

The second meeting was held in Doha on November 14, 2009 .

THe third meeting in Delhi on January 3 - 4, 2011.

Trade With Qatar:

India’s bilateral trade with Qatar increased from US$ 1.2 billion in 2005 to US$ 3.7 billion in 2009.

Indian exports to Qatar increased from US $ 380 million to US$ 900 million during this period.

Major items of Indian exports are machinery and equipment, transport equipment, textiles, food products, ores and minerals etc.

Qatar’s exports to India amounted to US$ 2.8 billion in 2008 as compared to US$ 896 million in 2005.

India is the fourth largest export market for Qatar after Japan, South Korea and Singapore.

In terms of Qatari import, India ranks at the tenth position.

As per Indian statistics, India’s exports to Qatar for 2009-10 were $537 million while our imports from Qatar for the same period amounted to $4.6 billion.

LNG Agreement:

India has signed an agreement to purchase 7.5 million tonnes of LNG every year from Qatar for a period of 25 years, the first shipment took place in 2004. 

The full supplies of 7.5 million ton have begun from January, 2010.

In addition, 1.25 million tonnes was supplied as special cargos between July 2007 and September 2008.

Set Up Of India In Qatar:

A large number of Indian companies such as L&T, Dodsal, Punj Lloyd, Voltas, Simplex, Wipro, Aptech, Satyam Mahendra, NIIT etc have set up offices in Qatar and have secured major contracts/ business.

The Indian community is estimated to be in the range of 500,000.

Indian professionals constitute an important component.

There are eight Indian schools following the CBSE syllabus. 

The annual remittance from Qatar is estimated to be over US$ 1 billion.

Air India, Indian, Jet Airways and Qatar Airways operate direct flights between India and Qatar.

Qatar Airways has been continuously increasing its services to India and has 86 weekly flights to India now.

Information Technology:

Wipro has executed a project for Doha Bank for providing enterprise application integration and security consultancy services. 

Wipro is presently providing IT consultancy to Qatar Petroleum in their Ras Abu Aboud Development Project. 

TCS is executing projects for Qatar Petroleum  and Qatar Telecom.

Qatar is proposing to set up a smart city and is looking at Indian companies for possible collaboration.

NIIT and APTECH are successfully running their IT training institutes in Qatar.

Indian Business & Professional Network (IBPN)

Aims to provide a forum for the promotion of trade and commerce and manufacturing & trading joint ventures between Indian and Qatar in addition to promoting investment in either country on a bilateral basis.

It also aims to provide a reciprocal interface for business and trade organizations established in Qatar to explore business opportunities in India