What progress has been made in trade between India and Russia according to Jaishankar
Progress in trade between India and Russia: Jaishankar
- India and Russia have set a target of increasing bilateral trade turnover to $30 billion by 2025, as per Foreign Minister Subrahmanyam Jaishankar.
- Efforts are being made to diversify trade between the two countries beyond traditional sectors like defense and energy.
- Both countries are exploring opportunities in sectors such as pharmaceuticals, agriculture, and science & technology to enhance economic cooperation.
- India and Russia are working towards improving trade facilitation measures and resolving existing trade barriers to boost trade relations.
- Collaborative efforts are underway to promote trade promotion activities, joint ventures, and technology transfers to strengthen economic ties between the two nations.
Answered
5 months ago