Qatar’s MoCI marks active participation in Partnership Summit 2023 held in India

MoCI participates Partnership Summit 2023
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By Arya M Nair, Official Reporter
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The Qatar Ministry of Commerce and Industry (MoCI) has participated in the 28th edition of ‘Partnership Summit 2023’, held in New Delhi, India, under the title “Partnerships for Responsible, Accelerated, Innovative, Sustainable, and Equitable Businesses”.

The summit was inaugurated by HE Piyush Goyal, Minister of Commerce, Industry, Consumer Affairs, Food, and Public Distribution and Textiles in India.

Qatar’s participation comes in line with the efforts made 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.

The three-day summit included several panel discussions attended by experts and policymakers, who touched on several themes like building a resilient and sustainable workforce, enhancing global collaboration to limit carbon emissions, the role of international companies in achieving comprehensive development in Africa, the role of G-20, sustainable financing, global sustainability reports, environmental, social and corporate governance, in addition to ways to achieve sustainable development.

The Partnership Summit, held for the 28th time, was attended by country leaders, prime ministers, ministers, policymakers from countries around the world, entrepreneurs, investors, and international organizations.

It’s considered to be an eminent platform for global dialogue, concentrating on international economic relations and the best approaches to developing the global economy.

India is Qatar’s second-largest trading partner, with the volume of bilateral trade exchange leveling at $17.2 billion in 2022, where Qatari exports to India totaled $15.1 billion, whilst the number of Indian companies operating in Qatar reached 9,136 companies.

Related: India’s HPCL launches its lubricants range of products in Qatar

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