Russia and India Aim for $100 Billion Trade Milestone

Russian President Vladimir Putin announced that trade between Russia and India grew by 12% last year, reaching a new record high. The two nations have now set a formal target of increasing their annual trade turnover to $100 billion. The announcement highlights the deepening economic partnership between the two countries. While President Putin did not specify the exact dollar value of the current record trade, the 12% growth indicates sustained and rapid expansion. This new $100 billion goal sets a clear benchmark for future cooperation. Achieving it would mark a significant milestone in a relationship already at historic levels of commerce. The continued growth comes amid major shifts in global trade patterns. Both countries have increasingly prioritized bilateral economic ties in recent years.