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flag Russia urges India to increase exports to reduce $59B trade gap, despite challenges and sanctions.

flag Russia is pushing Indian business delegations to boost exports in food, pharmaceuticals, and engineering goods to address a $59 billion trade deficit, as India’s imports from Russia surged to $63.84 billion in FY25, mainly oil. flag Despite increased market access due to Western sanctions, Indian exporters face hurdles like stringent quality standards, unreliable payment systems, and limited demand. flag Russian diamond exports to India rose 134% in August 2025 but remain down year-to-date due to Western sanctions. flag A labor mobility agreement is nearing completion, aiming to allow over 70,000 Indian workers in Russia by year-end, supporting sectors like construction and electronics.

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