India-Russia trade to exceed 50 bn USD this year: Denis Manturov

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Key Points

Russias Deputy PM & Trade Minister has welcomed an upcoming milestone in economic ties with India, while meeting the countrys top diplomat, currently on a five-day visit to Moscow and St. Petersburg...

Industry and Trade Minister Denis Manturov told External Affairs Minister S Jaishankar that despite the challenges faced by both countries, economic ties are developing rapidly...

There is no doubt that Russian-Indian trade will exceed the significant milestone of $50 billion by the end of this year, and set a new historical maximum, Manturov remarked...

The discussions took place at the Russia expo, held at Moscows VDNKH complex, where 89 regions of Russia showcase their economic, scientific and investment potential..

According to a Russian government statement, they addressed trade, investment, banking and logistics, along with energy and food security..

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