Qatar, India joint working group in investment holds first meeting
The Peninsula
New Delhi: The first meeting of the joint working group in the field of investment between the State of Qatar and the Republic of India was held in Ne...
New Delhi: The first meeting of the joint working group in the field of investment between the State of Qatar and the Republic of India was held in New Delhi, with the aim of promoting and strengthening investment relations between the two countries.
The meeting was co-chaired by Undersecretary of the Ministry of Commerce and Industry HE Mohammed bin Hassan Al Maliki, and Undersecretary of the Department of Economic Affairs at the Ministry of Finance of the Republic of India HE Ajay Seth. Several government officials from the two countries attended the meeting.
HE the Undersecretary of the Ministry of Commerce and Industry explained that the total volume of trade exchange between the two countries reached about USD 13.46 billion in 2023, making India the second largest trading partner of the State of Qatar. Qatari corporates and private sector, are active investors in the Indian market, he added.
He pointed out that economic diversification is an essential pillar of Qatar National Vision 2030.
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