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India, Qatar aim to double trade to $28bn in five years

2 months ago
Narendra Modi - Tamim bin Hamad Al Thani meeting in India

Qatar's Amir Sheikh Tamim bin Hamad Al-Thani (L) and Indian Prime Minister Narendra Modi (R) preside over the signing of agreements at Hyderabad House in New Delhi, India, on 18 February 2025 [Imtiyaz Khan/Anadolu via Getty Images]

India and Qatar are targeting doubling their trade to $28 billion in the next five years and are exploring the signing of a free trade agreement, the Indian Foreign Ministry said today, according to Reuters.

The announcement came after talks between Indian Prime Minister Narendra Modi and Qatar’s Emir Sheikh Tamim Bin Hamad Al-Thani, who is on a two-day visit to New Delhi.

The two sides also discussed ways to broaden energy ties, a Foreign Ministry official told reporters.

READ: Qatar to sign cheaper long-term LNG deal to supply India

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