India and Qatar are set to finalize the Terms of Reference (ToR) for their proposed Free Trade Agreement (FTA) by early October 2025, according to government sources The Economic TimesNDTV Profit.
In February 2025, the two nations elevated their bilateral relationship to a strategic partnership, aiming to double their trade to USD 28 billion by 2030. This move underscores their commitment to enhancing economic cooperation through initiatives like the FTA NDTV Profit.
Commerce Minister Piyush Goyal has indicated that a visit to Qatar is possible in the first week of October, contingent upon the finalization of the ToR X (formerly Twitter). Additionally, India is progressing with FTA negotiations with other nations, including Oman, the European Union, and the United States Rediff.
The anticipated FTA with Qatar is expected to facilitate smoother trade flows, reduce tariffs, and bolster investment opportunities between the two countries.
