SITUATION REPORT

India, Russia: Governments Aim To Boost Annual Bilateral Trade to $100B by 2030

Aug 21, 2025 | 20:02 GMT

During his visit to Moscow, Indian Foreign Minister Subrahmanyam Jaishankar said India and Russia will work to boost annual trade by around 50% over the next five years to reach $100 billion, emphasizing the need to address trade bottlenecks and lower nontariff barriers to achieve this target, Bloomberg reported on Aug. 21....

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