Union Minister of Commerce & Industry, Piyush Goyal, highlighted India’s plans to enhance bilateral trade with Qatar through the adoption of UPI in Qatar’s banking system and accelerated Free Trade Agreement (FTA) negotiations. The goal is to double the India-Qatar FTA from $14 billion to $30 billion by 2030. Goyal emphasized that UPI provides a simple, seamless platform connecting people, businesses, and governments, making cross-border trade easier. The initiative has generated excitement among businessmen in both countries.
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