What are the trade goals between India and Qatar as announced by India's Foreign Ministry?
India's Foreign Ministry announced that New Delhi and Doha are targeting to double their bilateral trade to $28 billion within the next five years. This ambitious goal represents a significant expansion of economic ties between the two nations and highlights their commitment to strengthening commercial relations. In addition to the trade target, the two countries are exploring the possibility of signing a free trade agreement, which would further facilitate business interactions and reduce trade barriers. These economic initiatives are part of a broader strategic partnership that includes cooperation across multiple sectors, including energy, where Qatar is a key supplier to India.
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India and Qatar Targeting $28 Billion Trade Growth
WION·8 months ago