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Jaishankar Urges Free Trade to Boost India-Russia Relations

8/21/2025

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Summary

Story summary

Indian External Affairs Minister S. Jaishankar met Russian President Vladimir Putin on August 21, 2025, to strengthen bilateral relations.
Jaishankar called for a Free Trade Agreement during the India-Russia Inter-Governmental Commission meeting on August 20, 2025.
He noted a trade imbalance, with India-Russia trade rising from $13 billion in 2021 to $68 billion in 2024-25, primarily due to hydrocarbon imports.

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Story summary

Indian External Affairs Minister S. Jaishankar met Russian President Vladimir Putin on August 21, 2025, to strengthen bilateral relations.
Jaishankar called for a Free Trade Agreement during the India-Russia Inter-Governmental Commission meeting on August 20, 2025.
He noted a trade imbalance, with India-Russia trade rising from $13 billion in 2021 to $68 billion in 2024-25, primarily due to hydrocarbon imports.