Need to expand, balance India-Russia trade: Goyal

Trade between India and Russia remains “skewed”, Commerce and Industry Minister Piyush Goyal said on Thursday, stressing the need to make it more balanced by diversifying the bilateral trade basket.

- SHREYA NANDI

Commerce and Industry Minister Minister Piyush Goyal at the India-Russia Business Forum

(PTI)

“We need to bring more diversity in our trade basket, make it more balanced. We need to add more variety. There's so much more to offer. I am sure this untapped potential can be explored, the partnership will flourish, will address the trade imbalance in the near future and will work collectively to eliminate, reduce trade barriers, if any,” Goyal said at the India-Russia Business Forum organised by FICCI.