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Union Minister of State for Commerce and Industry CR Chaudhary has set an ambitious $50-billion target for bilateral trade between India and Russia over the next seven years. As of end-2018, trade between the two countries stood at $30 billion.
“Our two-way trade have already crossed the $30-billion mark, which we had set for 2025. We, therefore, propose that we enhance this to $50 billion by 2025,” Chaudhary said at the Indo-Russian forum organised by the industry lobby CII here Thursday.
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