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India and Russia to boost trade to $100B by 2030 via new trade and investment deals.
India and Russia have agreed to fast-track negotiations on a free trade agreement with the Eurasian Economic Union and a bilateral investment treaty, aiming to boost trade to $100 billion by 2030 and reduce a growing trade deficit.
The deal, announced during President Putin’s visit to New Delhi, includes expanding energy, defense, and transport cooperation, using national currencies for trade, and advancing connectivity projects like the International North-South Transport Corridor.
Both leaders reaffirmed their strategic partnership amid global pressures, with Modi calling for a peaceful resolution to the Ukraine war.
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India y Rusia impulsarán el comercio a 100.000 millones de dólares para el año 2030 a través de nuevos acuerdos comerciales y de inversión.