The bilateral trade between India and Russia for 2010 stood at $8.52 billion, a top Russian official said on Thursday."The bilateral trade for 2010 is $8.52 billion, which is lower than projections made three years back of $10 billion. However, both the countries expect this trade volume will touch $20 billion by 2015," Russian Trade Commissioner Mikhail Rapota said in Kolkata. He was speaking at an interactive session with Bengal National Chamber of Commerce and Industry.
The Russian export was $6.39 billion, which is higher by 7.7 per cent, while Indian exports to Russia grew by 40 per cent over last year to $2.14 billion.
Pharma exports from India to Russia have doubled in the last five years.
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