H.E. Sheikh Faisal bin Thani bin Faisal Al Thani, Minister of Commerce and Industry, and H.E. Mr. Piyush Goyal, Minister of Commerce and Industry of the Republic of India, co-chaired the fifth session of the Qatari–Indian Joint Ministerial Commission on Economic and Trade Cooperation, held in Doha, with the participation of senior officials and business leaders from both countries.
H.E. Sheikh Faisal addressed the gathering, underscoring the depth of bilateral relations between Qatar and India, and noting that the Ministerial Commission serves as a pivotal platform for advancing mutual interests and enhancing economic collaboration. The Minister signaled Qatar’s readiness to sign new agreements with the Indian side to strengthen the partnership.
H.E. Sheikh Faisal underscored that the Republic of India is Qatar’s third-largest trading partner, with bilateral trade reaching USD 13.1 billion in 2024. He emphasised the key role of the private sector in promoting joint investments, while noting Qatar’s ongoing efforts to modernise its legislative framework and business environment under National Vision 2030.
Both sides discussed ways to deepen cooperation across a broad range of sectors, including trade, investment, finance, agriculture, municipalities and sustainability, environment, information technology, labour, tourism, sports, transport, culture, education, and healthcare. They agreed to take concrete steps to boost trade and investment flows.
On the sidelines of the Commission’s meeting, the Ministers presided over the launch of the Qatari–Indian Business Council, with the participation of senior officials and business leaders from both sides.
H.E. Sheikh Faisal affirmed that the establishment of the Business Council marks an important milestone in the course of bilateral economic relations. He noted that the Council reinforces collaboration between the private sectors in both countries, and helps expand trade and investment flows.
His Excellency expressed confidence that the Council will open broader horizons for economic integration — to the benefit of both nations.
