Elevation was done during state visit to India by Amir of Qatar with a focus on strengthening cooperation in trade, energy, investments, technology, food security, and people-to-people ties.
- Both sides also aimed to double bilateral trade to $28 billion in five years.
Other Key outcomes of Visit:
- Two MoUs signed to strengthen the strategic partnership, covering double taxation avoidance and fiscal evasion prevention.
- Additional MoUs signed between Qatari Businessmen Association and CII, and between Invest Qatar and Invest India to boost business and investment collaboration.
India Qatar Ties
- Economic Ties: Bilateral trade is USD 14.08 billion (2023-24). (With an effective trade deficit for India).
- India was among Qatar's top three export destinations and is also among top three sources of Qatar’s imports (2022-23).
- Energy Ties: Qatar is India's largest LNG supplier, providing over 40% of imports.
- Defense Ties: India-Qatar Defense Cooperation Agreement was extended for five years in 2018.
- Bilateral Exercises: Za’ir Al Bahr (Naval).
- India also regularly participates in the biennial Doha International Maritime Defense Exhibition and Conference (DIMDEX) in Qatar.
- Cultural Relations: Regular exchanges and activities under the 2012 Agreement on Cultural Cooperation, with the Indian Cultural Centre active in Qatar.
- People-to-People Ties: A vibrant Indian community of over 830,000 in Qatar strengthens cultural bonds.
