New Delhi: The Federation of Indian Export Organisations (FIEO) Tuesday said efforts are on to increase bilateral trade with Russia and balancing it by facilitating more exports. Bilateral trade is pegged at $11 billion. FIEO president SC Ralhan said a an agreement inked with Russia last year enables Customs to recognise secure and compliant businesses and offer them trade facilitation benefits.
Efforts on to push bilateral trade with Russia: FIEO
ET Bureau | May 14, 2025 4:00 AM CST
Synopsis
The Federation of Indian Export Organisations or FIEO is working to boost trade with Russia. The aim is to increase exports and create a balance in the bilateral trade. Currently, the trade between the two nations stands at $11 billion. An agreement signed last year will help customs recognize secure businesses.
READ NEXT
-
Gary Lineker exposed as 'not a nice man' by furious ex-Premier League manager
-
CBSE Class 10 & 12 Results Declared: Girls Outshine Boys, Over 2 Lakh Score Above 90%
-
Goa CM Pramod Sawant leads 'Tiranga Yatra' in honour of armed forces following 'Operation Sindoor' success
-
Punjab's Majitha hooch tragedy: 17 dead, several hospitalised; CM Mann announces Rs 10 lakh ex-gratia
-
Mumbai News: Newly Inaugurated Reay Road Bridge Draws Flak For Ignoring Pedestrian Access To Station
