India, Russia Aim for $100 Billion Trade Target by 2030
India and Russia have set an ambitious goal of achieving $100 billion in bilateral trade by 2030, as announced during the 22nd annual summit between President Vladimir Putin and Prime Minister Narendra Modi. Key agreements include boosting trade and investments in Russia’s Far East, enhancing technological and financial integration, and collaborating on energy and resources. Efforts will focus on developing strategic corridors like the Vladivostok-Chennai and the International North-South Transport Corridor, and leveraging the Northern Sea Route for better Eurasian connectivity. Despite challenges such as sanctions and trade imbalances, the partnership aims to strengthen mutual economic and strategic interests.
If you like this post, please share your feedback in the comments section below so that we will upload more posts like this.
