Brasilia, Nov. 14 -- : Prime Minister Narendra Modi and President Vladimir Putin on Wednesday (local time) reviewed the progress made in the bilateral relationship between India and Russia since the former's visit to Vladivostok in September.

The Prime Minister, during his bilateral meeting with the Russian President on the margins of the 11th BRICS summit here, decided that the first Bilateral Regional Forum at the level of Russian Provinces and Indian States should be held next year to dismantle the barriers of trade at regional level, the Ministry of External Affairs said in a statement.

The two leaders noted with satisfaction that the USD 25 billion target of bilateral trade by 2025 has already been achieved, it read.

"I had an excel...