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Russia Aims for $100B Trade with India Amid Sanctions

8/21/2025

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Summary

Story summary

Roman Babushkin, Russia's Charge d'Affaires in India, commended India's rising global power amid US sanctions on Russian oil.
He highlighted increasing trade between Russia and India, calling US economic pressure unjustified.
Babushkin expressed a goal to boost bilateral trade to $100 billion by 2030 and reinforced defense cooperation.
He stated that sanctions undermine global stability and rejected the notion that distancing from Russia would benefit India.

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Story summary

Roman Babushkin, Russia's Charge d'Affaires in India, commended India's rising global power amid US sanctions on Russian oil.
He highlighted increasing trade between Russia and India, calling US economic pressure unjustified.
Babushkin expressed a goal to boost bilateral trade to $100 billion by 2030 and reinforced defense cooperation.
He stated that sanctions undermine global stability and rejected the notion that distancing from Russia would benefit India.