Indian EAM Jaishankar encourages Russian companies to engage "more intensively" with India

Summary

Indian External Affairs Minister S Jaishankar encourages Russian companies to deepen trade and economic collaboration with India amid rising US tariffs on Indian goods.

Key Points
  • External Affairs Minister S Jaishankar urges Russian companies to engage more intensively with India in trade and economic activities.
  • India's rapid economic growth and initiatives like 'Make in India' create new business opportunities for Russian firms.
  • India and Russia aim to diversify and balance their trade to sustain and increase trade volumes.
  • India has concluded the Terms of Reference for a Free Trade Agreement with the Eurasian Economic Union, expected to boost economic cooperation.
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