Russian Economic Development Minister Maxim Oreshkin
Russian Economic Development Minister Maxim Oreshkin

Russia-India Trade May Reach $30Bln by 2025 - Russian Economic Development Minister

ANI | Updated: Oct 05, 2018 15:19 IST

New Delhi [India] , October 5 (ANI/Sputnik) - The trade between Russia and India may reach $30 billion by 2025, while the investment volume may reach $50 billion, Russian Economic Development Minister Maxim Oreshkin said on Friday.
"As for the enhancement of our economic ties, we have been tasked to increase trade up to $30 billion ... and investment up to $50 billion by 2025," Oreshkin said at the Russian-Indian Business Forum.
According to the Russian Federal Customs Service, the Russian-Indian trade amounted to $9.3 billion in 2017, which was a 21 percent year-on-year increase. (ANI/ Sputnik)

iocl