International
India’s External Affairs Minister S. Jaishankar met Russian Foreign Minister Sergei Lavrov in Moscow to review bilateral cooperation. Both sides agreed to boost economic and energy ties, underlining the importance of their relationship at a time of shifting global dynamics. Energy Cooperation Expands Energy formed a central part of the discussion. Lavrov noted the success
International
External Affairs Minister S. Jaishankar has raised concern over India’s widening trade deficit with Russia during his visit to Moscow. Speaking at the 26th India–Russia Intergovernmental Commission meeting, he said that while bilateral trade has expanded rapidly, the imbalance has become unsustainable. Trade Growth and Deficit Figures Bilateral trade has grown from $13
Business Trade
India has restarted negotiations for a Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU), a bloc led by Russia and including Armenia, Belarus, Kazakhstan, and Kyrgyzstan. The two sides signed the Terms of Reference (ToR) in Moscow to formally relaunch talks. The EAEU represents a market with a combined GDP of over $6.5 […]