What is the current state of trade between India and Qatar, and what are their future trade goals?

Currently, bilateral trade between India and Qatar stands at $18.77 billion, with LNG being the major contributor. Qatar accounts for 48% of India's LNG imports, establishing its role as a key energy partner. India exports diverse products to Qatar including copper, construction materials, cereals, vegetables, textiles, garments, and precious stones. Looking ahead, both countries aim to double their trade volumes to $28 billion within the next five years. Additionally, discussions are underway for a potential free trade agreement which could further strengthen economic ties between the two nations.