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India-Russia goods trade rises fivefold, imbalance concern: Jaishankar
The Business Guardian
|August 25, 2025
External Affairs Minister S. Jaishankar has said that bilateral trade in goods between India and Russia has increased more than five-fold 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
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