India, Russia Confident of Achieving USD 100 Billion Trade Target by 2030: Rajya Sabha Chairman

Rajya Sabha Chairman C. P. Radhakrishnan on Tuesday expressed confidence that India and Russia would achieve their target of USD 100 billion in annual bilateral trade by 2030, as agreed upon by the leadership of both countries, during a meeting with a Russian parliamentary delegation led by State Duma Chairman Vyacheslav Volodin in New Delhi.

Radhakrishnan highlighted key areas of bilateral cooperation, including economic ties, inter-regional cooperation, science and technology, cultural exchanges and people-to-people ties. He also expressed gratitude to Russia for its continued support for the joint resolve of both nations in countering terrorism.

Preparations are currently underway for the 80th anniversary of the establishment of diplomatic relations between India and Russia, he noted.

Radhakrishnan Congratulates Volodin on Re-election

Welcoming Vyacheslav Volodin and the accompanying Russian delegation, Radhakrishnan expressed pleasure at meeting them and congratulated Volodin on his re-election as Chairman of the State Duma of the Federal Assembly of the Russian Federation.

He also congratulated Russia on the successful conduct of the election of deputies to the ninth convocation of the State Duma in September 2026.

Recalling recent gestures reflecting the close ties between the two nations, Radhakrishnan said it was immensely pleasing when Prime Minister Narendra Modi gifted a Russian edition of the Thirukkural to Russian President Vladimir Putin during the BRICS Summit in Delhi in September 2026.

Parliamentary Exchanges and Cooperation

Highlighting regular exchanges between parliamentarians of the two countries, Radhakrishnan recalled the visit of Kanimozhi Karunanidhi, along with five Members of Parliament, to Russia in May 2025 in the context of the Pahalgam terror attack and India’s Operation Sindoor.

He also recalled the parliamentary engagement in December 2025 during the 23rd India-Russia Annual Summit, held during the state visit of President Vladimir Putin to India.

Radhakrishnan said such discussions play a vital role in understanding mutual priorities, sharing experiences and exploring actionable avenues for collaboration. He reaffirmed the commitment to further strengthening bilateral ties for the mutual benefit of the people of both nations.

Deputy Chairman, MPs and Officials Attend Meeting

Deputy Chairman of the Rajya Sabha Harivansh; Rajya Sabha Members Raghav Chadha, Dr. K. Laxman, Sujeet Kumar, Dr. Sudhanshu Trivedi, Dr. Laxmi Kant Bajpai, Dr. Radha Mohan Das Agrawal and Sanjay Kumar Jha; Rajya Sabha Secretary-General P.C. Mody; Secretary to HVPI Amit Khare; and Secretary K.S. Somashekhar were also present during the meeting.

-PIB Inputs

RELATED ARTICLES

2 mins ago | Artificial intelligence

12th BRICS Parliamentary Forum Adopts Joint Declaration on Global Cooperation, UN Security Council Reform, AI and Counter-Terrorism

The 12th BRICS Parliamentary Forum concluded in New Delhi on Tuesday with the adoption of a Joint Declaration, reaffirming the role of inter-parliamentary cooperation in strengthening mutual understanding, building trust among nations, supporting the...

1 hour ago | critical technologies

True success of science lies in taking innovation from lab to land: PM Modi

Prime Minister Narendra Modi on Tuesday said that the true success of science is achieved when innovations move beyond laboratories and create a tangible impact in people's lives, asserting that India views science and technology as tools for serving...

1 hour ago | 12th BRICS parliamentary forum

Rajya Sabha Deputy Chairman Calls for Global Cooperation, Technology Sharing and Common but Differentiated Responsibilities for Sustainable Development

Deputy Chairman of the Rajya Sabha Harivansh on Tuesday stressed that sustainability requires stronger international cooperation, greater access to finance, technology sharing and respect for the principle of Common but Differentiated Responsibilitie...