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Economic relation: Largest provider of LPG and LNG to India. Current annual trade is of over 14 billion Dollar.
Defence: Exercise Zair-Al-Bahr – joint naval exercise. Doha international Maritime Defence Exhibition and
Conference.
Both countries are connected through labour and diaspora.
Regional cooperation in the form of gulf cooperation council (GCC). GCC is a political and economic alliance. GCC members are Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman.
Hamas–Israel conflict and shipping attacks in the Red Sea affect India’s energy security and economic growth.
The conflict has delayed a senior-officials meeting for the I2U2 group since 2023.
Delays in finalizing the India–GCC Free Trade Agreement (FTA) due to changes in the GCC’s trade negotiator.
PRACTICE QUESTION Q. India and Qatar recently elevated their bilateral ties to which level? a) Economic Partnership b) Strategic Partnership c) Diplomatic Cooperation d) Trade Alliance Ans: b) Strategic Partnership India and Qatar elevate ties to a strategic partnership, aiming to double trade to $30B by 2030. Key deals include energy, investment, and economic cooperation. |
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