Document background
The Master Framework Agreement is designed for situations where parties anticipate multiple future transactions or service arrangements and wish to establish a standardized approach to their business relationship. This document type is particularly relevant in the Qatari business context, where ongoing commercial relationships often require careful consideration of local laws, regulations, and business practices. The agreement includes comprehensive provisions addressing governance, compliance with Qatari law, performance standards, and risk allocation, while maintaining flexibility for specific requirements in subsequent agreements. It is especially useful for international companies doing business in Qatar, as it can address specific local requirements such as agency relationships, foreign investment restrictions, and local content requirements, while providing a stable foundation for long-term business relationships.
