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India and Qatar Aim to Double Trade to $28 Billion, Explore Free Trade Agreement
India and Qatar target $28B in trade over the next 5 years, exploring a free trade agreement after talks between PM Modi & Qatar's Emir Sheikh Tamim.
ND
by News Desk
2025-02-18
India and Qatar Aim to Double Trade to $28 Billion, Explore Free Trade Agreement

India and Qatar have set an ambitious goal to double their bilateral trade to $28 billion over the next five years, officials said on Tuesday, following a high-level meeting between Indian Prime Minister Narendra Modi and Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani.

The announcement came after the two leaders held talks in New Delhi, with discussions focusing on strengthening trade ties and exploring the possibility of a free trade agreement between the two countries.

Strengthening Economic Ties

The Indian Ministry of External Affairs revealed that the two sides also discussed expanding energy cooperation, an area of growing importance given Qatar's position as a key supplier of natural gas. Prime Minister Modi and Emir Al-Thani discussed broader avenues to enhance the economic and strategic partnership between the nations.

“The visit will further strengthen the bonds of India and Qatar,” said Foreign Ministry spokesperson Randhir Jaiswal, highlighting the historic and deep-rooted ties between the two countries.

Emir’s Visit to India

The Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, arrived in New Delhi on Monday, accompanied by a high-level delegation. The visit marks the second time the Qatari leader has visited India, following his previous state visit in March 2015. During his visit, the Emir was welcomed at the airport by Prime Minister Modi, who reaffirmed the importance of the strategic partnership between India and Qatar.

A Strong Partnership

India and Qatar share long-standing historical ties marked by mutual respect, trust, and cooperation. The two countries have worked closely across various sectors, including trade, energy, and cultural exchanges, and are committed to strengthening their bilateral relationship further.

The discussions between the leaders come at a time when both nations are looking to enhance their economic ties and position themselves as key global players in trade and energy security.
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