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Qatar-India Bilateral Trade crosses $18bn in 2022 : Dr Deepak Mittal
DOHA:Thevalueofbilateraltrade between Qatar and India crossed the $18bn level, recording a 33% year-onyear growth, according to Indian Ambassador Dr Deepak Mittal. Speakingtoreportersonthesidelines of ‘India Utsav 2023’ organised recently by LuLu Group, Mittal said: “Bilateral trade between India and Qatar has always grown strength to strength. Last year, we saw that the value of bilateral trade crossed $18bn and I think it is a new landmark since it is a more than 33% growth comparedto2021.
“Oureffortishowtorealiseitstrue potential and how to diversify the trade basket. We are happy that we are among the top five trading missions for Qatar. Our effort continuestofindnewwaysandmeans todoso.”
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Mittal also underscored the need for Qatar and India to work on a comprehensive economic partnership in other fields, such as energy, citing Qatar as a “steady and reliable partner” of India’s energy security.
“Our effort on both sides is how to deepen these ties and give it a comprehensive relationship because India is diversifying its energy mix. We are increasing our gas target from 6% to 15%, so we can work together in terms of gas-based infrastructure, which needs to be developed in India to increase consumption,” the ambassadorpointedout.
Aside from energy, Mittal emphasised that India is also looking to work with Qatar in the fields of food and health security, as well as other areas, such as Information Technology, Artificial Intelligence, andeducationandstudentexchange.
Onfoodsecurity,MittallaudedLuLu Group for organising India Utsav 2023, whichnotonlyshowcasesandpromotes a wide variety of Indian products but alsotheimportanceofmillets,citingthe UN’s declaration of 2023 as the ‘InternationalYearofMillets’.
“There is a special effort to presentallvarietiesofmilletsatevery LuLu outlet as 2023 was declared by the UN as ‘International Year of Millets’, explained Mittal, who stressed that millets are seen as a ‘super food’ and is environmentally sustainable.
