Reaching $100 b in Indo-Russian trade realistic: Jaishankar

May Be Interested In:Tory peer Lord Rami Ranger stripped of CBE


New Delhi: There is a strong possibility of India-Russia bilateral trade attaining the $100 billion target by 2030, external affairs minister S Jaishankar said on Monday.

The minister also called for addressing impediments of non-tariff barriers and regulatory bottlenecks to correct the bilateral trade imbalance, currently heavily in favour of Russia due to oil imports by India. Jaishankar was addressing the India-Russia Business Forum in Mumbai.

“Our bilateral trade is at $66 billion. This makes the goal of reaching $100 billion by 2030 more than realistic,” Jaishankar said in presence of Russian first deputy PM Denis Manturov.

The $100 billion target was set by both countries during the annual leaders’ summit in July.

“The balance of trade, however, needs urgent redressal since it is so one-sided. It is imperative that non-tariff barriers and regulatory impediments are speedily addressed for this to happen,” Jaishankar pointed out.

  • Mastering Full Stack Development: From Frontend to Backend Excellence

    Web Development

    Mastering Full Stack Development: From Frontend to Backend Excellence

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Financial Literacy for Non-Finance Executives

    Finance

    Financial Literacy for Non-Finance Executives

    By – CA Raja, Chartered Accountant | Financial Management Educator | Former AVP – Credit, SBI

  • Succession Planning Masterclass

    Strategy

    Succession Planning Masterclass

    By – Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.

  • Performance Marketing for eCommerce Brands

    Marketing

    Performance Marketing for eCommerce Brands

    By – Zafer Mukeri, Founder- Inara Marketers

  • Financial Literacy i.e Lets Crack the Billionaire Code

    Finance

    Financial Literacy i.e Lets Crack the Billionaire Code

    By – CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator

  • AI and Generative AI for Finance

    Finance

    AI and Generative AI for Finance

    By – Hariom Tatsat, Vice President- Quantitative Analytics at Barclays

  • Digital Marketing Masterclass by Neil Patel

    Marketing

    Digital Marketing Masterclass by Neil Patel

    By – Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru

  • Zero to Hero in Microsoft Excel: Complete Excel guide 2024

    Office Productivity

    Zero to Hero in Microsoft Excel: Complete Excel guide 2024

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Master RESTful APIs with Python and Django REST Framework: Web API Development

    Web Development

    Master RESTful APIs with Python and Django REST Framework: Web API Development

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • SQL for Data Science along with Data Analytics and Data Visualization

    Data Science

    SQL for Data Science along with Data Analytics and Data Visualization

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024

    Web Development

    A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence

    Artificial Intelligence(AI)

    AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence

    By – Ritesh Vajariya, Generative AI Expert

  • Java Programming with ChatGPT: Learn using Generative AI

    Artificial Intelligence(AI)

    Java Programming with ChatGPT: Learn using Generative AI

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Intermediate Java Mastery: Method, Collections, and Beyond

    Web Development

    Intermediate Java Mastery: Method, Collections, and Beyond

    By – Metla Sudha Sekhar, IT Specialist and Developer

  • Digital Marketing Masterclass by Pam Moore

    Marketing

    Digital Marketing Masterclass by Pam Moore

    By – Pam Moore, Digital Transformation and Social Media Expert

  • Tabnine AI Masterclass: Optimize Your Coding Efficiency

    Artificial Intelligence(AI)

    Tabnine AI Masterclass: Optimize Your Coding Efficiency

    By – Metla Sudha Sekhar, IT Specialist and Developer


Manturov, on his part, drew a complementary between Russia’s technological sovereignty and the “Make in India” programme.

Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award.
share Share facebook pinterest whatsapp x print

Similar Content

Lionesses become TfL station announcers for 'historic' weekend
Lionesses become TfL station announcers for ‘historic’ weekend
Storm Bert: Dozens of flood warnings in place after man dies
Storm Bert: Dozens of flood warnings in place after man dies
Rail fares: Government to order review of prosecutions
Rail fares: Government to order review of prosecutions
Your pictures: Storm Bert brings snow, wind and rain to UK
Your pictures: Storm Bert brings snow, wind and rain to UK
Who is Darren Millar, the next Welsh Tory Senedd leader?
Who is Darren Millar, the next Welsh Tory Senedd leader?
Thirlwall Inquiry: Letby hospital chairman accepts 'big personal failure'
Thirlwall Inquiry: Letby hospital chairman accepts ‘big personal failure’
Trending Now: What Everyone's Talking About | © 2024 | Daily News