Noting the record volumes of bilateral trade, the latter also expressed the need to balance it by increasing Indian exports to Russia, the volume of which currently does not exceed 4-5 billion dollars. It is clear that such a large imbalance in mutual trade does not suit India; it ...
The two nations agreed to accelerate the growth of bilateral trade, setting a target to drive up trade turnover to 100 billion U.S. dollars by 2030. The leaders also agreed to prepare a program for the development of strategic areas of economic cooperation between the countries by 2030. The...
In the economic and trade field, the two sides indicated that they will hold the first strategic economic dialogue meeting in Russia this year, and increase bilateral investment to 30 billion U.S. dollars by 2025. In 2017-18, the two countries' trade volume reached 10.17 billion U.S. dolla...
In 2023, bilateral trade stood at $65 billion, having been driven by a surge in oil purchases. However, Indian exports to Russia stood at less than $5 billion, and both countries emphasized the importance of diversifying trade to make it more sustainable going forward. 13:49 GMT Indians fee...
According to the president, the trade volume between the two countries last year has increased to more than 7.7 billion U.S. dollars, a sign that confirms the strength of bilateral economic ties and its great potential. In this context, Russia and India decided to upgrade their partnership, ...
Imports from China increased by 3.24 percent to US$101.7 billion, while exports to China surged by 8.7 percent to US$16.67 billion. According to China’s General Administration of Customs, in the first nine months of 2024...
Both leaders agreed to set the bilateral trade target of $100 billion by 2030 and directed the creation of a programme for India-Russia economic cooperation until 2030 Both sides reiterated importance of reinvigorating multilateralism, United Nations' role in world affairs, respect for international ...
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Volodin listed the increase in the bilateral trade turnover and the transition of the economic relations to national currencies as the second important outcome of the visit. He flagged that cooperation in the military-industrial sphere “received a certain boost” as indeed the development of the ...
The two nations agreed to accelerate the growth of bilateral trade, setting a target to drive up trade turnover to 100 billion US dollars by 2030. The leaders also agreed to prepare a program for the development of strategic areas of economic cooperation between the countries by 2030. ...