Archive · 21 Aug 2025
Jaishankar Calls for Stronger India-Russia Trade Amid US Tariffs
India's Foreign Minister, Jaishankar, is encouraging Russian companies to increase business with India.
This is happening because the US put high taxes on Indian goods.
Jaishankar said India's economy is getting bigger and wants more trade with Russia.
He mentioned their good relationship but wants to improve trade.
They are also looking at using their own money to pay for things together.
EAM Jaishankar urged Russian companies to intensify engagement with Indian businesses.
This push for increased trade followed the US imposing 50% tariffs on Indian goods.
Jaishankar highlighted India's economic growth and the 'Make in India' initiative.
He emphasized the strong relationship between India and Russia but noted an imbalance in trade.
The agenda includes increasing the use of national currencies in mutual settlements.
- Who
- EAM S. Jaishankar and Russian companies and officials.
- What
- EAM Jaishankar pushed for increased trade and cooperation between India and Russia.
- When
- Recently, after the US imposed a 50% tariff on Indian goods.
- Where
- Moscow, Russia.
- Why
- To strengthen economic ties, diversify trade, and counter US tariffs.
US Trade Actions
India-Russia Economic Partnership
Trade Relations
US Trade Actions
The US imposed significant tariffs on Indian goods.
India-Russia Economic Partnership
India is seeking to strengthen ties with Russia and diversify trade.
- Key Figure
- EAM S. Jaishankar
- Focus
- India-Russia Trade
- Initiative
- 'Make in India'
- US Tariff
- 50% on Indian goods
- Meeting
- India-Russia Business Forum
Sources
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