NEW DELHI: The bilateral trade between India and Qatar, standing at around $14 billion, could be doubled by 2030, with a renewed focus on promising sectors such as electronics, automobiles, pharmaceuticals, processed food, textiles, gems and jewellery, IT, and emerging high-tech industries and solar energy, according to Commerce Minister Piyush Goyal.
He also underscored the importance of greater business interactions, and the success of the first face-to-face Joint Business Council meeting in fostering deeper economic ties.
Goyal co-chaired the Qatar–India Joint Commission on Economic and Commercial Cooperation with H.E. Sheikh Faisal bin Thani bin Faisal Al Thani, Minister of Commerce and Industry of Qatar.
The event focused on strengthening bilateral trade and investment ties, addressing existing trade barriers and non-tariff challenges, and identifying new opportunities to boost economic cooperation across key sectors.