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India-Qatar

India-Qatar:

India and Qatar elevated their bilateral relations to a strategic partnership in February focusing on trade, energy, and investments.

  • Both nations set a target to double bilateral trade to $30 billion by 2030 and agreed on major economic collaborations.

India-Qatar Summit 2025:

  • Energy Cooperation: Qatar Energy and Petronet LNG signed a 20-year deal for LNG supply starting in 2028.
    Investment Boost: Qatar Investment Authority pledged $10 billion in Indian infrastructure, startups, and green energy.
    Digital & Financial Integration: UPI rollout in Qatar and a revised Double Taxation Avoidance Agreement signed.
  • Strategic Partnership Agreement: Strengthens ties in trade, investment, security, and innovation.
  • Trade Expansion: Commitment to double bilateral trade from $14 billion to $30 billion by 2030