Commerce Minister Piyush Goyal on Monday expressed strong optimism that the bilateral trade between India and Qatar can doubled by 2030.
Goyal, who is on a two-day visit to Doha to co-chair a meeting of the India–Qatar Joint Commission on Economic and Commercial Cooperation along with his counterpart Sheikh Faisal bin Thani bin Faisal Al Thani, appreciated Qatar’s energy exports, including the long-term LNG supply agreement of 7.5 million tonne per year from 2028 and stressed the need to boost India’s exports to Qatar.
“Despite bilateral trade at around $14 billion, both leaders recognised untapped potential of doubling it by 2030,” the Ministry of Commerce and Industry said. Goyal idenitfied promising sectors such as electronics, automobiles, pharmaceuticals, textiles, gems and jeweller