Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children

India: Trade with Russia not temporary

  • By Al Mayadeen English
  • Source: News websites
  • 18 May 2024 11:53
2 Min Read

India's Foreign Minister S. Jaishankar underlines the enduring nature of increasing trade ties between India and Russia, emphasizing that they signify a significant shift in economic opportunities.

  • x
  • Indian Foreign Minister Subrahmanyam Jaishankar speaks on stage during the 58th Munich Security Conference (MSC) in Munich, southern Germany in 2022. (AFP)
    Indian Foreign Minister Subrahmanyam Jaishankar speaks on stage during the 58th Munich Security Conference (MSC) in Munich, southern Germany in 2022. (AFP)

India's Foreign Minister Subrahmanyam Jaishankar emphasizes that the increasing trade between India and Russia should not be seen as a fleeting trend, as it brings various economic opportunities.

Jaishankar stressed on Friday that the heightened trade between New Delhi and Moscow, spurred by Russia's focus on economic partnerships with Eastern countries, should be regarded as a sustained progression rather than a short-lived arrangement.

During an industry conference, Jaishankar said, “For long, we have looked at Russia from a political or security perspective.” 

“As that country turns eastwards, fresh economic opportunities are presenting themselves ... the spike in our trade and new areas of cooperation should not be regarded as a temporary phenomenon,” he stressed.

Elsewhere in his remarks, Jaishankar highlighted India's commitment to broadening its economic horizons by seeking out new trade avenues.

Related News

EU military spending hits critical economic limit, Russia warns

Trump signals new US tariffs, warns trading partners of imminent hikes

The big picture

New Delhi has become a prominent purchaser of Russian maritime oil amid Western sanctions on Moscow. Trade between India and Russia surged to $65.7 billion in the fiscal year ending March 2024, a notable 33% rise from the preceding year.

India and Russia are reportedly working together to ensure year-round access to the Northern Sea Route, which spans Russia's northern coast and serves as the shortest shipping route between East Asia and Europe. Their goal is to enhance the transportation of goods to emerging markets by utilizing trade routes effectively.

Moreover, both nations aim to increase their trade volumes by utilizing the Vladivostok-Chennai maritime route, which connects Russia's Far East with southern India.

To strengthen bilateral ties, New Delhi is actively pursuing an investment treaty with Moscow, and is exploring the option of signing a free trade agreement with the Eurasian Economic Union, led by Russia.

Furthermore, discussions are underway between India and Russia regarding potential collaboration in military equipment production.

Read more: India neither steering away from US, nor toward Russia: Reuters

  • economy
  • Russia
  • India
  • Subrahmanyam Jaishankar
  • Eurasian Economic Union
  • Trade

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS