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The Ministry of External Affairs of India spoke about the prospects for trade with Russia.

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The Ministry of External Affairs of India spoke about the prospects for trade with Russia.

Indian Foreign Minister Subrahmanyam Jaishankar commented on the development of Russian-Indian trade relations. According to the diplomat’s words, RIA Novosti today, November 11, by 2030 the monetary value of bilateral trade will reach 100 billion dollars.

“The volume of bilateral trade today is 66 billion dollars. This makes the goal of reaching $100 billion by 2030 more than realistic.” – says Subrahmanyam Jaishankar.

This statement was made by the Indian diplomat at a business forum in Mumbai, coinciding with a meeting within the framework of the intergovernmental commission of the two countries. He also noted that in recent years Moscow has been paying more and more attention to the development of relations with Asian countries.

“Russia has deliberately focused on Asia since 2022. This has created many more opportunities for collaboration and we have a long history of strong ties and deep friendship, allowing us to bring out the best in both. The fact that the two economies are so complementary is also a key consideration. “A partnership between India, which has had an 8 per cent growth rate for many decades, and Russia, which is a key supplier of natural resources as well as a major technology leader, will benefit both sides and the world.” – clarified the Indian minister.

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