(MENAFN- The Peninsula) khalid elsawi |
The Peninsula Online
Doha: The Ministry of Commerce and Industry (MoCI) participated in the 28th edition of the Partnership Summit 2023 held under the theme“Partnerships for Responsible, Accelerated, Innovative, Sustainable, and Equitable Businesses” in the Indian capital, New Delhi.
The Ministry announced that India is the number two trade partner for Qatar for the year 2022, and that 9136 Indian companies were operating in the Qatari market.
$17.2 billion is the trade volume between the two countries, with $15.1 billion Qatari exports to the Republic of India, according to MoCI.
The main Qatari exports to the Republic of India are liquefied natural gas (LNG), petroleum and mineral fuel products, and organic and inorganic chemical material.
Food agricultural and animal products, textile, steel, electronics, chemical materials are the main items Qatar imported from India.
Qatar's participation comes in line with the efforts exerted to enhance bilateral commercial and investment cooperation between Qatar and India, in addition to showcasing the investment climate in the country, the promising investment opportunities available, attracting foreign direct investment, and widening the scope of commercial partnerships in various sectors of common interest.
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