India, Russia moving confidently to achieve USD 100 billion trade target by 2030: Ambassador
Moscow (PTI): India and Russia are moving confidently to achieve a target of USD 100 billion in bilateral trade by 2030 and steps are being taken to expand the trade basket, Ambassador Vinay Kumar said on Monday.
"The past year has been particularly active. We had a very successful visit of President (Vladimir) Putin. Achieving the bilateral trade target of USD 100 billion by 2030 is eminently possible,” Ambassador Kumar said while talking to PTI on India’s 77th Republic Day.
“Steps are being taken, including identification of new items, and a free trade agreement will facilitate the achievement of this target," he added, noting that trade has increased with new opportunities in fertilisers, agriculture and engineering.
According to reports, in FY 2024–25, India-Russia bilateral trade reached a record high of approximately USD 68.7 billion due to massive import of Russian crude.
"More of the trade is being conducted already in the national currencies and this trend will continue as we further deepen trade and economic ties,” the ambassador said.
Earlier, addressing the Indian community which gathered in large numbers at the embassy compound on the 77th Republic Day, Ambassador Kumar underscored the “active and result-oriented” phase in the bilateral relations between New Delhi and Moscow.
During Putin’s visit to New Delhi last month, Prime Minister Narendra Modi exuded confidence that the USD 100 billion bilateral trade target between India and Russia will be achieved ahead of 2030.
Speaking at the India-Russia Business Forum, along with Russian President Putin, Modi invited Russian businesses to 'come and Make In India...and partner with India'.
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No exit polls from 7 am of April 9 till 6.30 pm of April 29: EC
New Delhi (PTI): Exit polls can neither be held nor disseminated from 7 am of April 9 till 6.30 pm of April 29 for the five assembly elections taking place this month, the Election Commission has said.
It has also cautioned that conducting or broadcasting exit polls in the period is violative of section 126A of the Representation of the People Act, 1951 and is "punishable with imprisonment up to a period of two years, or with fine or both".
While Kerala, Assam and Puducherry going for assembly polls on April 9, the electoral exercise will be held in Tamil Nadu on April 23.
In West Bengal, state polls will be held on April 23 and 29.
While the 48 hour 'silence period' in Kerala and Puducherry will commence at 6 pm on Tuesday, it will kick in at 5 pm in Assam.
Silence period means end of campaigning 48 hours ahead of the end of voting hour in a particular constituency or the entire state.
Except door-to-door campaigning by a limited number of party workers or candidate, no other form of campaigning is allowed. But in a digital age, it is difficult to enforce.
Usually voting is held from 7 am to 6 pm. But the timing varies due to terrain and security situation.
