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India-Russia goods trade up 5x in 4 years, imbalance must be addressed: Jaishankar
August 23, 2025
|The Business Guardian
External Affairs Minister S Jaishankar has said that bilateral trade in goods between India and Russia has increased more than fivefold from USD 13 billion in 2021 to USD 68 billion in 2024-25, and the trade imbalance should be addressed urgently.
Speaking at the 26th Session of the India-Russia Inter-Governmental Commission for Trade, Economic, Scientific, Technological, and Cultural Cooperation (IRIGC-TEC), Jaishankar said that the IRIGC is a key mechanism to prepare for the Annual Summit, which is expected to be held by the end of this year. We are meeting here after about 10 months since the last Session in November 2024 in New Del
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