India Aims to Boost Exports to Russia Post Modi's Moscow Visit

Brief by Shorts91 Newsdesk / 04:21pm on 15 Jul 2024,Monday India Global

Following Prime Minister Narendra Modi's visit to Moscow, India is seeking to increase exports to Russia by promoting rupee-rouble trade and urging Moscow to lift non-tariff barriers. Despite increased trade between the two nations since Russia's invasion of Ukraine, Indian exports have seen minimal growth. Indian trade secretary Sunil Barthwal highlighted efforts to improve trade relationships and boost exports of electronics, engineering goods, and marine products. Modi's visit also included discussions on enhancing cooperation in areas like nuclear energy and medicine, with a goal of reaching $100 billion in bilateral trade by 2030.

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