QBA, Indian Finance Minister explore boosting trade cooperation, investment opportunities
<p>Doha: Qatari Businessmen Association (QBA) has met with HE Minister of Finance and Minister of Corporate Affairs of the Republic of India Nirmala Sitharaman and her accompanying delegation to discuss strengthening economic and investment ties between Qatar and India, in addition to unlocking prospects for cooperation between the private sectors of the two nations.</p> <p>Both sides addressed…
In Doha, representatives from the Qatari Businessmen Association (QBA) convened with India's Finance Minister Nirmala Sitharaman and her delegation to examine the potential for boosting economic ties and investment opportunities between the two nations. Both sides emphasized the development of private sector partnerships and the unlocking of prospects for cooperation.
India, with its expansive industrial and technological base, is seen by India as a strategic market for Qatari investors. In contrast, Qatar provides an advanced investment environment, advantageous location, and modern infrastructure that Indian firms can utilize to access Gulf and regional markets.
Qatari board member Sheikh Nawaf Nasser bin Khalid Al-Thani highlighted the growing momentum in Qatar-India relations, fueled by strong strategic ties and mutual economic and trade interests. He noted that the following phase will offer significant opportunities for the private sectors of both countries to play a more prominent role in shaping these relations into long-term investments and projects.
The meeting also assessed potential sectors for future collaboration, encompassing technology, the digital economy, artificial intelligence, advanced industries, financial services and fintech, healthcare and pharmaceuticals, transportation and logistics, food security and food industries, renewable energy, infrastructure, and tourism and hospitality.
Both sides also discussed cooperation in transportation, logistics services, supply chains, leveraging Qatar's strategic location and infrastructure, and India's industrial and commercial capabilities to enhance trade flows and bridge Gulf and Asian markets.
The QBA affirmed its dedication to maintaining engagement with the Indian business community and fostering direct partnerships between companies in the two countries. They aimed to capitalize on current momentum in bilateral relations to increase investment, trade, and develop joint projects in priority sectors, in alignment with the shared economic interests of Qatar and India.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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