India-Qatar bilateral trade can be doubled by 2030

 

CEPA looks at promising sectors including gems and jewellery 

The Union Minister of Commerce and Industry, Piyush Goyal, was on an official visit to Doha, Qatar on 6–7 October 2025 to co-chair the meeting of the India–Qatar Joint Commission on Economic and Commercial Cooperation along with Sheikh Faisal bin Thani bin Faisal Al Thani, Minister of Commerce and Industry of the State of Qatar.  

A bilateral meeting of Commerce and Industry ministers of both sides was also held, where both Ministers reviewed the overall trade and economic relationship, addressed existing trade barriers, and explored new areas for cooperation in sectors such as finance, agriculture, healthcare etc.  

The two Ministers then jointly addressed the India–Qatar Joint Business Council (JBC) meeting. The Commerce and Industry Minister of India highlighted that despite global economic headwinds and supply chain disruptions, India continues to demonstrate strong macroeconomic stability for a thriving start-up ecosystem creating a highly enabling environment for global businesses and urged the Indian and Qatari business to explore greater opportunities.

Union Minister of Commerce and Industry co-chaired the Qatar–India Joint Commission on Economic and Commercial Cooperation with Sheikh Faisal bin Thani bin Faisal Al Thani. Both sides reaffirmed their shared commitment to pursuing an ambitious India–Qatar Comprehensive Economic Partnership Agreement [CEPA].  

Goyal stressed the need to boost India’s exports to Qatar. Despite bilateral trade standing at around USD 14 billion, both leaders recognized significant untapped potential of doubling bilateral trade by 2030. He identified promising sectors including gems and jewellery.




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