India, Russia Aim For $30 Bn Bilateral Trade By 2025: Russian Diplomat


India and Russia are setting a target for $30 billion in bilateral trade by 2025 and the two countries are working towards developing a Free Trade Agreement (FTA) to facilitate that target, a Russian diplomat said here on Monday.

“India and Russia have set a bilateral trade target of $30 billion by 2025. This includes the sales of defence equipment, civil nuclear energy apart from other commodities,” Russian Consul General in Kolkata Alexey M. Idamkin said at a session on the current and future perspectives of Russia-India relations at the Bharat Chamber of Commerce here.

“That bilateral trade volume, that saw some decline till 2016, has witnessed a steady growth in 2017 and exceeded the mark of $8 billion which is 21 per cent higher than the previous year,” he said. Read More

You may also read!

Mumbai: With Bomb Cache, Plot To Hit 2018 Sunburn Unearthed

The Anti-Terrorism Squad had seized 22 bombs, each weighing 500-600g, from Raut’s house.

Read More...

Rajiv Gandhi International Airport Bags Award For Best Airport Service

GMR Hyderabad International Airport Ltd ), which operates the Rajiv Gandhi International Airport (RGIA) at Shamshabad near here

Read More...

Air Deccan Threatens To Move Base To Gujarat On Slots, Parking Issues

Air Deccan has threatened to move its current base from Maharashtra to Gujarat, owing to aircraft parking and slot

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu