Vyacheslav Volodin calls for removal of trade barriers and expansion of joint ventures during talks in New Delhi
Trade between India and Russia has grown by more than 20% this year, Russian State Duma Chairman Vyacheslav Volodin said during talks in New Delhi on Sunday, where he called for the removal of trade barriers and the expansion of joint business ventures.
Volodin met the speaker of the Lok Sabha, Om Birla, ahead of the 12th BRICS Parliamentary Forum, which New Delhi is hosting on October 26-27. The discussions covered closer cooperation on trade, industry and agriculture, along with the strengthening of parliamentary ties.
Bilateral commerce reached $47.7 billion in the first seven months of 2026, up 24.3% from a year earlier, according to data from the Indian Commerce Ministry, cited by Russian lender Sberbank.
India imported $44.9 billion of Russian goods during the period, including $36 billion in crude oil.…