New Delhi, Nov. 14 -- Commerce Secretary Rajesh Agrawal met Vladimir Ilyichev, Russia's Deputy Economic Development Minister for the 26th Meeting of the India Russia Working Group on Trade & Economic Cooperation.

Both sides reviewed the steady rise in bilateral trade and outlined priorities for deeper economic engagement.

Bilateral trade has now grown to well over twice the 2014 benchmark of USD 25 billion, with both countries reaffirming their shared target of USD 100 billion by 2030.

A protocol on trade and economic cooperation, covering multiple sectors, was finalised and signed during the meeting.

India took note of Russia's interest in concluding a bilateral investment treaty, and both sides agreed to explore payment solutions to...