After Historic Visit by Modi, India and Russia to Trade $100 Billion by 2030
In a bold move to strengthen economic ties, India and Russia have announced a strategic partnership aiming to achieve a staggering $100 billion in bilateral trade by 2030. This landmark agreement, unveiled during a high-profile summit, marks a significant leap from the current trade volume, signaling a new era of cooperation between the two nations.
Key sectors poised to benefit from this ambitious target include energy, defense, technology, and agriculture. Both countries have pledged to streamline trade processes, enhance infrastructure, and foster innovation to meet this goal.
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin emphasized the mutual benefits of this partnership, highlighting shared interests and complementary strengths. This historic initiative is expected to boost economic growth, create jobs, and solidify the strategic alliance between India and Russia, setting a new benchmark for international trade relations.
