Qatar is eager to broaden its economic relationship with India, moving beyond the traditional oil and gas sector to explore new opportunities for business and investment, according to Dr. Ahmed Bin Mohammed Al Sayed, Qatar’s Minister of State for Foreign Trade Affairs.
In an exclusive interview with ANI, Dr. Al Sayed underscored the significance of the visit by Qatar’s Amir, Sheikh Tamim Bin Hamad Al Thani, to India, noting that it symbolizes the growing strategic partnership between the two nations across various sectors.
“We are focusing on expanding the non-oil and gas business and looking for opportunities to collaborate with India. We are eager to welcome Indian business leaders,” Dr. Al Sayed said.
While Qatar and India have long enjoyed strong trade ties, particularly in the energy sector, Qatar is now turning its attention to emerging industries, particularly in light of rapid global changes in trade and the increasing influence of technology and artificial intelligence.
“The world is changing dramatically, especially in the areas of trade, business, and technology. While we continue to invest in petrochemicals, oil, and gas, we are also eager to grow our non-oil and gas business sectors and partner with India,” he explained.
Dr. Al Sayed encouraged Indian businesses to explore investment opportunities in Qatar, reaffirming the Qatari government’s commitment to strengthening economic relations with India and fostering new partnerships in various fields.
“We are welcoming Indian entrepreneurs and encouraging our business community, government, and public sector to increase investment in India, fostering more collaborations across diverse sectors,” he added.
Excited about the ongoing visit, Dr. Al Sayed expressed his hopes for even deeper economic cooperation. “I’m very pleased to be in India and look forward to further enhancing our partnership to new heights,” he said.
Qatar has long been one of India’s key economic partners in the Gulf region, with both countries collaborating in trade and investment. The visit of Sheikh Tamim Bin Hamad Al Thani is expected to further strengthen this economic cooperation and open new doors for business opportunities in both nations.
The Amir’s two-day state visit to India includes a high-level delegation consisting of ministers, senior officials, and business leaders. This marks his second state visit to India, following his previous visit in March 2015.
