The first meeting of the Joint Task Force on Investment (JTFI) between India and Qatar concluded on Thursday with a renewed commitment to bolster bilateral relations and explore new avenues for investment. The meeting, held in New Delhi, was co-chaired by Ajay Seth, Secretary of the Department of Economic Affairs, and Mohamed bin Hassen Al-Malki, Undersecretary of the Ministry of Commerce and Industry for the Government of the State of Qatar.
An official statement released by the finance ministry highlighted the mutual dedication of both nations to foster growth and prosperity through strategic collaboration. The JTFI aims to harness collective potential and create accelerated growth opportunities across various sectors, including infrastructure, energy, technology, and innovation.
‘The Joint Task Force on Investment has reaffirmed the commitment of both nations to strengthen bilateral relations and leverage the collective potential for accelerated growth, investment opportunities, and synergistic collaboration,; the statement read. The meeting underscored the robust economic relationship between India and Qatar, emphasizing shared values, common objectives, and a vision for inclusive development.
The JTFI’s initiative is seen as a significant step towards enhancing economic cooperation and exploring new investment opportunities that benefit both countries. The collaboration is expected to drive progress in key sectors and contribute to the economic development of both India and Qatar.