business π€ India-Russia eyeing $100B trade goal
Russia and India are concentrating on growing their trade, defense cooperation, and economic connections. Both nations have set an ambitious target of reaching $100 billion in bilateral trade by the year 2030. To counter Western sanctions, they are strengthening alternative payment systems and increasing the use of their national currencies. Furthermore, recent talks emphasized deeper industrial and defense collaboration, including joint production possibilities. This evolving partnership significantly impacts the future trajectory of their economic relationship. π€