Brief by Shorts91 Newsdesk / 07:38pm on 20 Aug 2025,Wednesday India Global
External Affairs Minister S. Jaishankar, speaking in Moscow at the India-Russia Inter-Governmental Commission, called for boosting bilateral trade while addressing a rising imbalance. He noted that trade between the two nations has grown five-fold in four years, from USD 13 billion in 2021 to USD 68 billion in 2024–25. However, India’s trade deficit with Russia has also widened sharply to nearly USD 59 billion. Jaishankar described India-Russia ties as “time-tested” but stressed the need for “contemporary cooperation” in energy, technology, agriculture, and pharmaceuticals. He said both nations must build on complementarities and adapt to global uncertainties. (PC: PTI)
