Union Minister of Commerce and Industry, Piyush Goyal, recently spoke about the promising future of India-Qatar relationships. He emphasized that this partnership will focus on sustainability, technology, entrepreneurship, and energy. Goyal shared these insights at the India-Qatar Business Forum in New Delhi, where H.E. Sheikh Faisal bin Thani bin Faisal Al Thani, Qatar’s Minister of Commerce and Industry, was the guest of honor.
Goyal highlighted the strong foundation of trust, trade, and tradition between India and Qatar. He pointed out a significant shift in their trade, moving from traditional energy deals to advanced technologies such as artificial intelligence, the Internet of Things (IoT), and semiconductors. He noted that global changes, including geopolitical tensions and climate change, are also influencing these developments.
He mentioned that India and Qatar have complementary strengths. Together, they can boost their economies and create a brighter future. Goyal announced two key agreements: one between the Qatari Businessmen Association and the Confederation of Indian Industry, and another between Invest Qatar and Invest India. He also shared news of upgrading their Joint Working Group on trade and commerce to a Ministerial level.
Referring to Prime Minister Narendra Modi, Goyal expressed that global confidence in India is at an all-time high. He urged business leaders to collaborate with this positive mindset. Goyal showcased India’s vibrant economy, young population, and ongoing reforms aimed at improving the ease of doing business.
He invited Qatari companies to engage in India’s growth journey, particularly in investments, renewable energy, and smart city development. Both Qatar Vision 2030 and India’s Viksit Bharat 2047 hold significant promise for the future of these nations.
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Source linkIndia,Quatar
