In a significant announcement during the India-Russia business dialogue, Dmitry Volvach, Deputy Minister of Economic Development of the Russian Federation, declared that the trade volume between Russia and India is poised to reach a historic peak this year. TV BRICS reported on the positive projection made by the Russian representative during the business dialogue. Attributing the robust growth to Moscow’s strategic measures aimed at facilitating imports, Volvach highlighted a consistent uptick in the supply of goods from India. Volvach elaborated on the statistics, noting that the overall growth rate in the first three quarters was an impressive 38%. Furthermore, the deputy minister emphasised that exports from Russia to India demonstrated remarkable strength, more than doubling over the same period and surpassing an impressive 3.5 trillion rubles.

Source: Daily News Egypt December 27, 2023 15:25 UTC