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Russia and India are finalizing a free trade agreement to boost trade to $100 billion by 2030 and reduce reliance on U.S. financial systems.
Russia and India are advancing negotiations for a free trade agreement, with officials confirming the framework is being finalized.
At a Mumbai forum, Russian State Secretary Sergey Glazyev highlighted growing economic ties, mutual complementarity, and efforts to reduce reliance on U.S.-dominated financial systems through initiatives like BRICScoin and digital national currencies.
Both nations aim to boost bilateral trade to $100 billion by 2030, up from a record $68.7 billion in 2024–2025.
A major conference in Moscow on March 23 will focus on expanding cooperation in trade, connectivity, defense, education, and labor mobility, with plans to ease visa rules and strengthen people-to-people links.
Rusia e India están finalizando un acuerdo de libre comercio para impulsar el comercio a $ 100 mil millones para 2030 y reducir la dependencia de los sistemas financieros de EE.