Need to work on reducing trade imbalance between Russia, India urgently: EAM Jaishankar addresses IRIGC-TEC session
- Posted on August 20, 2025
- By Business News Today
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Need to work on reducing trade imbalance between Russia, India urgently: EAM Jaishankar addresses IRIGC-TEC session

External Affairs Minister S. Jaishankar highlighted the significant increase in India-Russia bilateral trade, which surged from USD 13 billion in 2021 to USD 68 billion in 2024-25. However, he emphasized the urgent need to address the growing trade imbalance, which has widened from USD 6.6 billion to USD 58.