India and Russia set target of 100 billion dollars in bilateral trade by 2030
India's ambassador to Russia, Vinay Kumar, announced in Moscow that both nations are working to increase their bilateral trade to 100 billion US dollars by 2030. The target, set by Prime Minister Narendra Modi and Russian President Vladimir Putin, involves expanding trade in existing sectors and identifying new areas for cooperation. Energy remains a central component of the strategic partnership between the two countries, with ongoing collaboration on projects such as the Kudankulam Nuclear Power Plant.
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What Happened
India's ambassador to Russia, Vinay Kumar, stated in Moscow that India and Russia have established a goal to reach 100 billion US dollars in bilateral trade by 2030. This initiative follows directives set by Prime Minister Narendra Modi and Russian President Vladimir Putin to strengthen economic ties between the two nations.
To achieve this objective, officials are focusing on increasing trade volumes in current sectors while exploring new areas of cooperation. Energy continues to be a primary pillar of the strategic partnership, highlighted by the involvement of the Russian state nuclear corporation Rosatom in the construction of the third and fourth units of the Kudankulam Nuclear Power Plant.
Key Facts
- India and Russia aim to reach 100 billion US dollars in bilateral trade by 2030.Source not recorded
- The trade target was established by Prime Minister Narendra Modi and President Vladimir Putin.Source not recorded
- Vinay Kumar is the current Indian ambassador to Russia.Source not recorded
- Energy is identified as a key sector in the India-Russia strategic partnership.Source not recorded
- Rosatom is involved in the construction of units at the Kudankulam Nuclear Power Plant.Source not recorded
The Timeline2
Every article on this story, in the order it was filed. We do not rank the outlets.
6 Aug
CoverageWhat we read
Language reach
Dailies carrying this story, against the dailies we read in each language.
- Tamilதமிழ்1 of 2
- Kannadaಕನ್ನಡ1 of 1
Regional reach
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- No source registered
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- 2 or more
- NorthNot carried0 of 4
- WestNot carried0 of 5
- Central IndiaNot carried0 of 1
- EastNot carried0 of 5
- North-eastNot carried0 of 2
- SouthCarried2 of 10
3 of the 26 states we read have local coverage. Concentrated in the South.
About This Analysis
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