Jaishankar and Lavrov Bolster Strategic India-Russia Ties, Eye Increased Economic Cooperation

In a significant diplomatic engagement, External Affairs Minister S Jaishankar met with his Russian counterpart, Sergey Lavrov, in Moscow. The high-profile meeting centered on reviewing the special strategic partnership between India and Russia, with preparations underway for the upcoming annual summit.

Discussions encompassed various facets of bilateral cooperation, with Jaishankar emphasizing the necessity to address trade imbalances and maximize outcomes. Against a backdrop of shifting global geopolitics and economic landscapes, both leaders stressed the importance of multilateral groupings, such as SCO, BRICS, and the G20, in shaping the world order.

Trade relations between the two nations are experiencing a notable upswing, as confirmed by a 700% surge over five years, making India a top trading partner for Russia. Additionally, Jaishankar's visit includes attending the India-Russia Business Forum and co-chairing the India-Russia Inter-Governmental Commission on Trade and Economic Cooperation, highlighting the robust economic exchanges between the countries.

(With inputs from agencies.)