India – Qatar Strengthen Economic Partnership with USD 14B Trade and UPI Launch
8 Oct 2025, India and Qatar aim to double bilateral trade by 2030 and expand cooperation across energy, tech, and infrastructure.
Key Highlights
- Union Minister Shri Piyush Goyal visited Doha to co-chair the first upgraded India–Qatar Joint Commission, following the Amir of Qatar’s visit to India in Feb 2025.
- Bilateral trade in 2024–25 reached over USD 14 billion; goal set to double trade by 2030.
- Agreement on expediting Terms of Reference for India–Qatar Comprehensive Economic Partnership Agreement (CEPA) negotiations.
- Key sectors for collaboration: energy, infrastructure, manufacturing, finance, technology, green growth, digital economy, healthcare, agriculture, tourism, culture, environment.
- UPI services launched in Qatar, enabling seamless digital transactions for the Indian diaspora and local consumers.
- Minister engaged with FICCI, CII, ASSOCHAM, Qatari Businessmen Association, IBPC, and ICAI Doha chapter, fostering stronger people-to-people and business ties.
| Focus Area | Details | Key Outcome |
|---|---|---|
| Bilateral Trade | USD 14B in 2024–25 | Target: Double by 2030 |
| Investment | USD 10B announced by Qatar | Unlocking new avenues for Indian infrastructure & industry |
| Priority Sectors | Energy, Tech, Infrastructure, Finance, Green Growth, Healthcare, Agriculture, Tourism, Culture | Diversified collaboration |
| Digital Cooperation | UPI launched in Qatar | Seamless digital transactions |
| Business Engagement | JBC, QBA, IBPC, ICAI | Strengthened people-to-people & business ties |
The visit reinforces India and Qatar’s vision of a diversified, resilient, and future-ready economic partnership, combining trade growth, technological collaboration, and strong community engagement to support long-term bilateral prosperity.
