India and Russia Seek to Increase Trade to $100 Billion as US Ties Fray

India and Russia are aiming to boost their annual trade to $100 billion within the next five years, a significant increase from the current levels. This move is seen as an attempt to reduce their reliance on the United States, as both countries are facing growing tensions with the US. According to a top envoy, the two nations are looking to lower tariffs and streamline trade policies to facilitate this increase in bilateral trade. The initiative is part of a broader effort to strengthen the strategic partnership between India and Russia, as they navigate the shifting geopolitical landscape. The goal of $100 billion in annual trade represents a roughly 50% increase from the current figures, underscoring the importance both countries place on enhancing their economic ties in the face of challenges with the US. This development reflects the ongoing efforts by India and Russia to diversify their international relationships and explore new avenues for cooperation.