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India-Qatar Bilateral Trade Could Exceed $28 Billion by 2030: Piyush Goyal

India-Qatar Bilateral Trade Could Exceed $28 Billion by 2030: Piyush Goyal

New Delhi, Oct 07: India and Qatar’s bilateral trade, currently around $14 billion, is projected to double to over $28 billion by 2030, according to Commerce Minister Piyush Goyal.

Key sectors identified for growth include electronics, automobiles, pharmaceuticals, and solar energy.

During the Qatar-India Joint Commission meeting, both nations emphasized enhancing trade ties, addressing barriers, and pursuing a Comprehensive Economic Partnership Agreement.

Goyal also highlighted a long-term LNG export agreement and the launch of the Unified Payments Interface (UPI) in Qatar, which aims to improve digital transactions and trade relations between the countries.

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