EFSAS comments on global debate around Indian PM Modi’s visit to Moscow
July 12, 2024
The joint statement issued during Modi’s visit reaffirmed the commitment of both sides to a resilient India-Russia relationship, as part of which the two leaders sought to further boost energy and trade ties and agreed to ramp up trade to $100 billion by 2030 from the current $65 billion. They also agreed to focus on increased supplies of goods from India to Russia to address the trade imbalance. The two sides also signed nine agreements, including one for facilitation of investment by Russian companies in the Indian market.