Trade between Russia and India is increasing

Trade between Russia and India is growing. This was announced by President Vladimir Putin during the closing of the Russian-Indian business forum in New Delhi.

According to the head of Russia, the trade turnover between the countries in 2017 increased by 21% - in financial terms, it is 9,3 billion dollars.

For the six months of 2018, he added another 20% or 6 billion dollars, Sibnovosti.ru reports, referring to kremlin.ru.
In the near future, countries expect to reach 10 billion dollars or more.

«The impressive technological, resource and human potential of our countries allows us to strive for more significant volumes of trade and investment. We have a goal: to bring bilateral trade to 30 billion dollars by 2025, and mutual investments to 15 billion dollars in each of the countries», - said Vladimir Putin.

Note that the Russian-Indian business forum was held in New Delhi on the 8th ofOctober.