mo4ch:>Russia-India trade turnover to surge three-fold by 2025 | Mo4ch News

The volume of trade between Russia and India has been steadily growing and exceeded $10 billion last year. The two nations are aiming to boost trade and encourage investment.“According to Russia’s Federal Customs Service, the trade turnover between Russia and India has been hovering between $8 billion and $10 billion over the past several years. Machines and equipment, mineral commodities, oil and oil refining products, precious stones and metals account for the bulk of Russian exports,” Vice President of the Russian Chamber of Commerce and Industry Vladimir Padalko told TASS.Also on rt.comRussia & India seek to boost trade, switch to national currenciesHe said that the leaders of Russia and India have “set a reasonable task of bringing the trade turnover between the two countries to $30 billion, and mutual investments to $15 billion by 2025.”READ MORE:Russia to construct 6 nuclear power plant units in IndiaPadalko added that the expansion of Russia’s exports to India is possible …