Russia and India Aim to Increase Trade Turnover to $100 Billion by 2030
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Russian Foreign Minister Sergey Lavrov and Indian counterpart Subrahmanyam Jaishankar aim to increase Russia-India trade turnover to $100 billion by 2030, up from nearly $60 billion currently, with active cooperation across UN, SCO, G20, and BRICS.
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Warum es wichtig ist
Russia and India have been strengthening their economic ties in recent years, with a focus on increasing trade in various sectors.
Russian Foreign Minister Sergey Lavrov announced during his visit to New Delhi that Russia and India aim to increase their trade turnover to $100 billion by 2030, currently standing at nearly $60 billion. Lavrov expressed confidence in achieving this goal, citing active cooperation through the intergovernmental commission and multilateral platforms like the UN, SCO, G20, and BRICS. The upcoming BRICS Foreign Ministers' Meeting and the 18th BRICS Summit in India this September will further solidify strategic partnerships.
Lavrov’s visit and the forthcoming BRICS meetings underscore the deepening cooperation between Russia and India amidst global challenges.
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Russia-India trade to reach $100 billion by 2030
Wahrscheinlich · Langfristig
Offene Fragen
- Specific sectors targeted for increased trade
- Impact on other BRICS nations






