- The India-Qatar High Level Monitoring Mechanism (HLMM) was set up pursuant to a decision taken by the Prime Ministers of India and Qatar during the visit of Prime Minister Dr. Manmohan Singh to Qatar in November 2008.
- The HLMM is mandated to monitor the progress in the implementation of the areas of cooperation agreed to by the leaders of the two countries in order to enhance bilateral cooperation. The first two meetings of the HLMM were held in February 2009 and November 2009 respectively.
- The Third Meeting of the HLMM was held in New Delhi from 13-14 January 2011. The two sides reviewed the progress made in agreed areas of cooperation and agreed on specific steps to further intensify cooperation in areas such as petrochemicals, fertilizers, power, banking and finance sector, civil aviation and HRD.
- In the hydrocarbon sector, the Qatari side conveyed their readiness to increase supply of LNG to meet India's requirements and to facilitate the participation of Indian companies in the oil and gas sector in Qatar. The Joint Working Group on Fertilizer is to meet in Doha shortly in order to discuss long term cooperation in the fertilizer sector. The Qatari side highlighted its interest in getting access to the PSU disinvestments via the Anchor investor route. The investment opportunities in the Kayamkulam expansion project of NTPC would be evaluated by the Qatar Investment Authority as also in renewable energy projects. The Indian side welcomed the proposal of the Qatari side for wide-ranging cooperation in the area of banking supervision and exchange of information to combat money laundering and terror financing. The Joint committee for promoting investment into India will be meeting shortly to discuss investment opportunities.
- The two sides agreed that the Fourth Meeting of the HLMM would be held in Doha in the first quarter of 2012.
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