New Delhi, Jun 7 (KNN) India and Qatar reaffirmed their commitment to strengthening bilateral economic relations during the first meeting of their Joint Task Force on Investment (JTFI) held on Thursday, according to an official statement.

The meeting, co-chaired by Ajay Seth, Secretary of India's Department of Economic Affairs, and Mohamed bin Hassen Al-Malki, Undersecretary of Qatar's Ministry of Commerce and Industry, underscored the robust economic partnership between the two nations.

"The Joint Task Force has reiterated both countries' resolve to leverage their collaborative potential for accelerated growth, investment prospects and synergistic cooperation across diverse sectors encompassing infrastructure, energy, technology and innovation," the statement said.

It added that the initiative is rooted in shared values, common goals and a shared vision for inclusive development.

The JTFI was formed to foster mutual growth and prosperity by facilitating bilateral investment and economic engagement between India and Qatar, two nations with historically amicable ties.

Thursday's discussions pave the way for deeper coordination on priority areas identified by both sides.

Officials did not disclose specific investment targets or deals discussed during the meeting. However, India is keen to attract greater Qatari investment in its infrastructure projects, while Qatar remains a key energy partner supplying liquefied natural gas to meet India's growing energy needs.

(KNN Bureau)