Russia, India aim to reach $50B in bilateral trade in 2023 - China Daily

The India-Russia Business Forum was held at the St. Petersburg International Economic Forum on Wednesday, with participants discussing efforts to overcome transport and logistics problems, setting up a joint banking and financial structure to support trade potential, and high-priority areas of cooperation. The first speaker noted the goal to reach a bilateral trade volume of $30bn by 2025, with a potential to increase this figure. The director of the bilateral cooperation development department of the Russian Ministry of Economic Development highlighted the potential of a free trade agreement between the two countries.

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