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Value of Trade between India, Russia to Treble

  • 7 Aug 11:15

Value of Trade between India, Russia to Treble Bilateral goods trade with Russia and India will increase from $10 billion to $30 billion by 2025, talks between Russian and Indian trade delegations have revealed. Buffalo meat and dairy product activity is expected to partly drive the increase, said Russian animal and plant surveillance body Rosselkhoznadzor. At a meeting on the Agreement of Free Trade between India and the Eurasian Economic Union, Indian parties noted difficulty to comply with Russian raw milk requirements. Rosselkhoznadzor said rules dictate herds are at least 1,000 head, of which there are currently two in India. The regulation stands to guard against infectious diseases like foot. Read more...