“The Qatar Financial Centre (QFC) has signed a memorandum of understanding (MoU) with India's PHD Chamber of Commerce and Industry (PHDCCI) to strengthen bilateral trade, investment flows, and business connectivity between the two markets. The MoU establishes a framework for collaboration aimed at promoting Qatar as a destination for Indian businesses and facilitating greater engagement between companies operating in both the ecosystems. 'As a gateway to Qatar’s dynamic market, the QFC continues to identify new avenues to facilitate investment inflows and strengthen cross-border trade and co-operation,' Mansoor Rashid Al-Khater, chief executive officer, QFC Authority, said. The pact builds on a series of high-level engagements of PHDCCI-led delegations to Qatar, which helped identify opportunities for deeper cooperation. PHDCCI is a leading national apex chamber representing over 150,000 companies across India, Under the agreement, both parties will work closely with Invest Qatar and the Qatar Chamber to organise joint initiatives, including a dedicated roadshow in India. These efforts will focus on showcasing Qatar’s business environment, sharing market insights, and facilitating direct connections between investors, institutions, and industry leaders. The collaboration (also) seeks to encourage Indian companies to explore opportunities within the QFC platform, with the QFC supporting those referred through this partnership in establishing a presence in Qatar, subject to alignment with its permitted activities. 'This MoU with PHDCCI deepens Qatar–India economic ties by providing Indian companies with a clear pathway to establish their regional presence through QFC, which offers a world-class legal, regulatory and tax environment that supports business growth,' al-Khater said. Dr Ranjeet Mehta, chief executive officer and secretary general, PHDCCI, said the MoU heralds a new era of collaboration, focused on fostering trade, investment and knowledge exchange. 'This partnership reflects our commitment to expanding global outreach and supporting businesses in exploring new markets and opportunities. It also underscores our shared vision of fostering sustainable growth and unlocking new opportunities for businesses in both regions,' he added. This partnership, according to him, reflects a shared commitment to advancing bilateral economic engagement between Qatar and India through sustained collaboration and closer institutional ties.
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