Piyush Goyal Co-Chairs India–Qatar Trade Commission In Doha
ECONOMY & POLICY

Piyush Goyal Co-Chairs India–Qatar Trade Commission In Doha

Union Minister of Commerce and Industry, Shri Piyush Goyal, paid an official visit to Doha, Qatar, to co-chair the India–Qatar Joint Commission on Economic and Commercial Cooperation with H.E. Sheikh Faisal bin Thani bin Faisal Al Thani, Qatar’s Minister of Commerce and Industry.

This was the first meeting of the upgraded Joint Commission, following the decision during the visit of the Amir of Qatar to India in February 2025 to elevate the earlier Joint Working Group on Trade and Commerce. The visit reaffirmed the two nations’ strong commitment to advancing bilateral economic engagement and expanding cooperation across multiple sectors.

During the meeting, both Ministers:
  • Reviewed bilateral trade valued at over USD 14 billion (Rs 1.17 trillion) in 2024–25 and discussed measures to further diversify trade in goods and services.
  • Set a shared goal of doubling bilateral trade by 2030, with a focus on energy, infrastructure, manufacturing, finance, technology, and green growth.
  • Agreed to expedite the finalisation of the Terms of Reference (ToR) to begin formal negotiations for the India–Qatar Comprehensive Economic Partnership Agreement (CEPA).
  • Noted Qatar’s USD 10 billion (Rs 835 billion) investment commitment made during the Amir’s state visit, highlighting both sides’ intent to unlock new opportunities for mutual investment.
  • Emphasised enhanced cooperation in key areas such as the digital economy, healthcare, agriculture, tourism, culture, and environmental sustainability.
On the sidelines, Shri Goyal held high-level bilateral meetings with Qatari dignitaries and business leaders to explore partnerships in food security, trade finance, project collaborations, and infrastructure investments.
He also addressed the inaugural meeting of the India–Qatar Joint Business Council (JBC), attended by representatives from FICCI, CII, ASSOCHAM, and the Qatar Chamber, and later interacted with members of the Qatari Businessmen Association (QBA). Shri Goyal underscored India’s emergence as one of the fastest-growing major economies and a global hub for innovation, manufacturing, and technology under the Viksit Bharat@2047 vision.
In a landmark step towards digital collaboration, Shri Goyal launched the Unified Payments Interface (UPI) service in Qatar, enabling seamless digital transactions for Indian expatriates and local users.
The Minister also met members of the Indian Business and Professionals Council (IBPC), the Doha Chapter of the Institute of Chartered Accountants of India (ICAI), and the broader Indian community in Qatar, commending their role in strengthening economic and cultural ties between the two nations.
The visit concluded with both countries reaffirming their shared vision for a resilient, diversified, and forward-looking partnership built on mutual trust, energy cooperation, technological collaboration, and strong people-to-people ties. 

Union Minister of Commerce and Industry, Shri Piyush Goyal, paid an official visit to Doha, Qatar, to co-chair the India–Qatar Joint Commission on Economic and Commercial Cooperation with H.E. Sheikh Faisal bin Thani bin Faisal Al Thani, Qatar’s Minister of Commerce and Industry.This was the first meeting of the upgraded Joint Commission, following the decision during the visit of the Amir of Qatar to India in February 2025 to elevate the earlier Joint Working Group on Trade and Commerce. The visit reaffirmed the two nations’ strong commitment to advancing bilateral economic engagement and expanding cooperation across multiple sectors.During the meeting, both Ministers:Reviewed bilateral trade valued at over USD 14 billion (Rs 1.17 trillion) in 2024–25 and discussed measures to further diversify trade in goods and services.Set a shared goal of doubling bilateral trade by 2030, with a focus on energy, infrastructure, manufacturing, finance, technology, and green growth.Agreed to expedite the finalisation of the Terms of Reference (ToR) to begin formal negotiations for the India–Qatar Comprehensive Economic Partnership Agreement (CEPA).Noted Qatar’s USD 10 billion (Rs 835 billion) investment commitment made during the Amir’s state visit, highlighting both sides’ intent to unlock new opportunities for mutual investment.Emphasised enhanced cooperation in key areas such as the digital economy, healthcare, agriculture, tourism, culture, and environmental sustainability.On the sidelines, Shri Goyal held high-level bilateral meetings with Qatari dignitaries and business leaders to explore partnerships in food security, trade finance, project collaborations, and infrastructure investments.He also addressed the inaugural meeting of the India–Qatar Joint Business Council (JBC), attended by representatives from FICCI, CII, ASSOCHAM, and the Qatar Chamber, and later interacted with members of the Qatari Businessmen Association (QBA). Shri Goyal underscored India’s emergence as one of the fastest-growing major economies and a global hub for innovation, manufacturing, and technology under the Viksit Bharat@2047 vision.In a landmark step towards digital collaboration, Shri Goyal launched the Unified Payments Interface (UPI) service in Qatar, enabling seamless digital transactions for Indian expatriates and local users.The Minister also met members of the Indian Business and Professionals Council (IBPC), the Doha Chapter of the Institute of Chartered Accountants of India (ICAI), and the broader Indian community in Qatar, commending their role in strengthening economic and cultural ties between the two nations.The visit concluded with both countries reaffirming their shared vision for a resilient, diversified, and forward-looking partnership built on mutual trust, energy cooperation, technological collaboration, and strong people-to-people ties. 

Next Story
Infrastructure Energy

Shyam Metalics’ Agarwal Takes Charge as ICC President

Shyam Metalics, one of India’s leading integrated metal producers, announces that its Chairman and Managing Director, Brij Bhushan Agarwal, has been elected President of the Indian Chamber of Commerce (ICC). Agarwal assumes this role after serving as Senior Vice President, bringing decades of experience and a progressive vision for Indian industry.As ICC President, Agarwal aims to strengthen the Chamber as a platform supporting industry in sustainable growth, policy advocacy, technology adoption, and global competitiveness. His focus includes enabling businesses to embrace innovation, renewa..

Next Story
Infrastructure Urban

Festive Quick Commerce Orders Set to Surge 120-140% YoY: ColdStar

ColdStar Logistics, India’s leading temperature-controlled supply chain solutions provider, anticipates a 120-140 per cent year-on-year surge in online orders this festive season. The spike is driven by stronger consumer sentiment following income tax cuts, GST rationalisation, and repo rate reductions.Categories such as packaged foods, frozen snacks, dairy, and beverages are expected to witness significant demand on quick commerce platforms, relying heavily on cold chain infrastructure to ensure timely and quality delivery.Sameer Varma, Executive Director, ColdStar Logistics, said, “With ..

Next Story
Infrastructure Urban

Syensqo Expands Non-Fluorosurfactant FFKM Portfolio

Syensqo, a global leader in advanced performance materials and chemical solutions, has expanded its pioneering Non-Fluorosurfactant (NFS) perfluoroelastomer (FFKM) portfolio with new high-temperature grades. Engineered for extreme environments, these materials deliver exceptional sealing performance while supporting the industry’s shift toward more sustainable solutions.Syensqo’s latest NFS FFKM grades operate continuously at temperatures up to 320°C, exceeding the capabilities of conventional FFKMs. The newly developed curatives ensure unmatched purity and reliability at high temperature..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?