Surge predicted in Russia-India trade ...News

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Surge predicted in Russia-India trade
source : Russia Today ( News ) () 15
Volumes are projected to reach $100 billion by 2030 Trade between India and Russia is expected to reach $100 billion by the end of the decade, Kommersant reported on Thursday, citing analysts from the Russian-Asian Business Council (RABC). Russian exports to India are forecast to grow from $32.5 billion in 2022 to as much as $95 billion in 2030, while imports are predicted to surge from $2.5 billion to more than $20 billion over the same period. Trade between the two countries was much less significant before 2022, although Western sanctions imposed on Russia over the Ukraine conflict have forced Moscow to redirec

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