ENA Global 2025-08-29 17:45:52 <p><span style="font-size:14px"><strong>New Delhi, Aug 29 (KNN)</strong> Qatar is geared up to commence trade negotiations with India to deepen bilateral commercial relations. </span></p> <p><span style="font-size:14px">Speaking at an industry event on Friday, Commerce Minister Piyush Goyal said that Qatar Minister told him to start the negotiations. </span></p> <p><span style="font-size:14px">Qatar has indicated its preparedness to commence formal trade negotiations with India, according to who made the announcement during an industry event on Friday.</span></p> <p><span style="font-size:14px">The development follows initial discussions that took place during the state visit of Qatar's Amir, Sheikh Tamim bin Hamad Al-Thani, to India in February 2024. </span></p> <p><span style="font-size:14px">During the February state visit, both nations had acknowledged the necessity of exploring strategies to enhance and diversify bilateral trade relations. </span></p> <p><span style="font-size:14px">The countries specifically agreed to prioritise addressing market access issues concerning trade in goods and services, while exploring the feasibility of establishing a bilateral Comprehensive Economic Partnership Agreement. </span></p> <p><span style="font-size:14px">Both governments have set an ambitious target of doubling bilateral trade volume by 2030.</span></p> <p><span style="font-size:14px">Minister Goyal also provided updates on India's trade negotiations with Oman, suggesting that the agreement should be sorted out within the coming weeks.</span></p> <p><span style="font-size:14px">However, he refrained from specifying a concrete timeline or date for the signing ceremony of the India-Oman Comprehensive Economic Partnership Agreement. Negotiations between India and Oman, which began in 2023, have recently been concluded.</span></p> <p><span style="font-size:14px">The minister outlined India's extensive ongoing trade negotiations, including active discussions with the European Union, Eurasia bloc, Chile, and Peru. </span></p> <p><span style="font-size:14px">Notably, he mentioned bilateral trade agreement talks with the United States, which are planned for completion in the first phase by October-November 2025.</span></p> <p><span style="font-size:14px">According to Goyal, these multiple trade engagements are designed to create new market opportunities, investment possibilities, and channels for bringing enhanced scale, quality, and innovation to India's economic landscape.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43329 https://knnindia.co.in/news/newsdetails/global/qatar-commits-to-begin-bilateral-trade-agreement-negotiations-with-india-piyush-goyal 2025-08-29 17:45:52 knnindia.co.in