Business & Economy

Russia-India Trade in 2024 Expected to Surpass 2023 Level: Russian Deputy PM

© Sputnik / SERGEI BOBYLYOVIn this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin and Indian Prime Minister Narendra Modi take a walk during an informal meeting at the Novo-Ogaryovo state residence, outside Moscow, on July 8, 2024.
In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin and Indian Prime Minister Narendra Modi take a walk during an informal meeting at the Novo-Ogaryovo state residence, outside Moscow, on July 8, 2024. - Sputnik India, 1920, 11.11.2024
Subscribe
MOSCOW (Sputnik) – Trade between Russia and India this year is expected to be higher than last year, Russian First Deputy Prime Minister Denis Manturov said on Monday.
"I can confidently say that the business circles of Russia and India are looking in the same direction today. Despite the difficult external conditions, they demonstrate a firm attitude of pragmatism and willingness to cooperate. An objective indicator of this is the record volumes of trade that we reached last year. And there are all prerequisites to surpass this achievement this year," Manturov said at the Russian-Indian Business Forum.
Last year, Russia and India increased their bilateral trade by 1.8 times to a record $65 billion. Achieving $100 billion by 2030 is a "more than realistic" goal, Indian Foreign Minister Subrahmanyam Jaishankar believes.
"We also need to expedite negotiations on the bilateral investment treaty," Jaishankar said at the same forum.
The $100 billion by 2030 target was set by the leaders of Russia and India at a bilateral summit in Moscow this July.
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала