November 14, 2025
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India-Russia trade cooperation advances with protocol, sectoral diversification, time-bound pharma pathways, services mobility, and payments solutions.
A forward-looking protocol was signed to advance trade cooperation and pursue a US$100 billion trade objective by 2030, emphasising expedited listing of Indian establishments, a systems-based FSVPS approach for agriculture and marine products, and a time-bound pathway for pharmaceutical registration with regulatory reliance and predictable timelines; sectoral cooperation spans engineering goods, chemicals and plastics, electronics, pharmaceuticals, agriculture, leather, textiles and related manufacturing, while services measures promote procurement of Indian IT BPM, healthcare, education and creative services, predictable professional mobility, exploration of a bilateral investment treaty, and payments solutions for MSMEs to support diversification and resilient supply chains.