Qatar, India eye deeper collaboration across sectors

Doha, Qatar: Qatar and India reaffirmed their commitment to strengthening bilateral trade and investment ties during the Qatar India Business Council...

Doha, Qatar: Qatar and India reaffirmed their commitment to strengthening bilateral trade and investment ties during the Qatar–India Business Council meetings held in Doha yesterday.

The discussions underscored the growing momentum in economic cooperation following the elevation of relations between the two nations through a strategic partnership earlier this year.

The event witnessed the participation of Minister of Commerce and Industry, H E Sheikh Faisal bin Thani Al-Thani; Minister of Commerce and Industry of the Republic of India, H E Piyush Goyal; Minister of State for Foreign Trade Affairs, H E Dr. Ahmed bin Mohammed Al-Sayed; Chairman of Qatar Chamber, Sheikh Khalifa bin Jassim Al Thani; and the Ambassador of India to the State of Qatar, H E Vipul, along with other business representatives from Qatar and India.

Speaking at the meeting, the Minister of Commerce and Industry highlighted that the convening of the Qatar–India Business Council marks an important milestone in advancing economic cooperation between the two countries. He noted that the outcomes of H H the Amir’s visit to India earlier this year had further strengthened the bilateral partnership and opened new avenues for collaboration.

Minister Sheikh Faisal highlighted that India is Qatar’s third-largest trading partner, with bilateral trade surpassing QR48bn ($13.1bn) in 2024. He pointed to Qatar’s continued progress in global economic rankings, citing the country’s 9th position in the Global Competitiveness Report 2025 as a reflection of its strong economic resilience and supportive business environment. He also outlined the objectives of Qatar’s Third National Development Strategy (2024–2030), which aims to build a diversified and innovation-driven economy focused on sustainability and low-carbon industries.