Qatar to buy 7 Navy vessels from Italy for $5.91 billion
Source : NewsBharatiDate : 03-Aug-2017
Doha, August 3: As Qatar is blamed to support the ISIS terror group by UAE, Italy is moving forward to sign a million dollar deal with the country. Qatar has concluded a 5 billion euro ($5.91 billion) deal with Italy for seven navy vessels, the Qatari foreign minister said on Wednesday, part of a military cooperation agreement between the two countries.
Sheikh Mohammed bin Abdulrahman al-Thani made the announcement at a news conference with his Italian counterpart Angelino Alfano in Doha after talks about efforts to end a rift between Qatar and four Arab states. He said, “I am pleased to announce the conclusion of a deal between the Qatari Emiri Naval Forces to buy 7 naval units from Italy in the context of the joint military cooperation between the two countries.” However, he did not reveal the name of the companies involved.
All the ships will be built in Italian shipyards, with construction starting in 2018, it said. Italian defence company Leonardo would supply electronics and weapons systems for the ships and receive around a third of the value of the deal.
The ongoing rift between Qatar and Middle East did not stop Italy to make the deal. However, Qatar has denied allegations of supporting ISIS terrorist organization.