https://sputniknews.in/20260120/russias-trade-with-india-and-other-friendly-nations-hits-record-86-pm-mishustin-10374123.html
Russia’s Trade With India and Other Friendly Nations Hits Record 86%: PM Mishustin
Russia’s Trade With India and Other Friendly Nations Hits Record 86%: PM Mishustin
Sputnik India
MOSCOW (Sputnik) - The share of friendly countries in Russia's trade reaches a historic high of 86%, with an increase in trade with India, China, and others... 20.01.2026, Sputnik India
2026-01-20T16:34+0530
2026-01-20T16:34+0530
2026-01-20T16:34+0530
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"The benchmark for supplies to friendly countries was exceeded in 2025 — here we can talk about a new historical record of 86%. India, China, Belarus, and Kazakhstan have demonstrated significant growth," Mishustin said during a strategic session on the development of foreign economic activity.Russia has achieved good pace of transformation in its foreign trade, but regions and businesses need to be more actively involved, Mishustin said.In the financial year 2024–25, total India–Russia trade reached an all‑time high of about $68.7 billion, up sharply from roughly $13 billion in 2021, marking nearly a five‑ to six‑fold increase over four years.Both countries have set ambitious targets to lift bilateral trade toward $100 billion by 2030, reflecting deepening economic ties beyond energy, including sectors such as pharmaceuticals, defense, and technology.
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mikhail mishustin, russia, india, china, trade, rupee-rouble trade, trade in national currencies, trade barriers, trade corridor, sea trade, arms trade, russian economy, indian economy, rising economies, economics, global economy
mikhail mishustin, russia, india, china, trade, rupee-rouble trade, trade in national currencies, trade barriers, trade corridor, sea trade, arms trade, russian economy, indian economy, rising economies, economics, global economy
Russia’s Trade With India and Other Friendly Nations Hits Record 86%: PM Mishustin
MOSCOW (Sputnik) - The share of friendly countries in Russia's trade reaches a historic high of 86%, with an increase in trade with India, China, and others, Russian Prime Minister Mikhail Mishustin said on Tuesday.
"The benchmark for supplies to friendly countries was exceeded in 2025 — here we can talk about a new historical record of 86%. India, China, Belarus, and Kazakhstan have demonstrated significant growth," Mishustin said during a strategic session on the development of foreign economic activity.
Russia has achieved good pace of transformation in its foreign trade, but regions and businesses need to be more actively involved, Mishustin said.
"A significant part of the energy flows was focused on friendly states. The share of the key countries here has doubled over the past three years to 80% in the first half of 2025," the prime minister added.
In the financial year 2024–25, total India–Russia trade reached an all‑time high of about $68.7 billion, up sharply from roughly $13 billion in 2021, marking nearly a five‑ to six‑fold increase over four years.
Both countries have set ambitious targets to lift bilateral trade toward $100 billion by 2030, reflecting deepening economic ties beyond energy, including sectors such as pharmaceuticals, defense, and technology.
