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Qatar Signs A 5 Billion Euro Navy Deal With Italy

Photo: The Peninsula

Qatar confirmed a 5 billion euro deal with Italy for seven navy vessels as a part of a military cooperation agreement between the two nations.

Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani announced the deal along with his Italian counterpart Angelino Alfano in Doha.

“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,” Sheikh Mohammed said.

However, the minister did not involve the names of the companies involved in the deal. In June last year Italy’s state-controlled shipbuilder Fincantieri said it had signed a 4-billion-euro agreement to build ships for Qatar.

Fincantieri had said that it would supply Qatar with four corvette warships, two support vessels and an amphibious landing platform dock, along with support services in the country for 15 years after delivery.

The ships will be built in Italy and the construction works will start in 2018, it said. Italian defence company had said that it would supply electronics and weapons systems for the ships and receive around a third of the value of the deal.

Speaking about the current crisis, Alfano said that Italy supported the mediation efforts to end the dispute. He added that he was concerned about the citizens in the region.

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