India to reach 100 billion dollar of bilateral trade with Russia by 2030: Ambassador Vinay Kumar

Economic Times - Oct 16, 2026

India is pursuing negotiations for a Free Trade Agreement with the Eurasian Economic Union to increase exports. Indian Ambassador to Russia Vinay Kumar stated that bilateral trade is projected to reach USD 100 billion by 2030. The current trade turnover is reported at USD 38 billion for the first half of this year. Efforts are underway to diversify India's export basket and improve market access in Russia.

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