Prime Minister Manmohan Singh said India would seek to substantially expand bilateral trade with Russia from the current $8.5 billion, while enhancing ties in a host of areas such as defence, energy, space technology and health.
Bilateral trade amounted to $8.535 billion in 2010, witnessing a 15 percent growth from 7.46 billion in 2009.
The two countries in 2009 decided to set a target of $20 billion worth of bilateral trade by 2015 with a focus on the fields of energy, pharmaceuticals, IT, steel, hydrocarbons, aerospace and agriculture.
Discussions with Medvedev how to further enhance our consultations in international forums like the United Nations Security Council, G20, BRICS as well as the East Asia Summit which Russia has recently joined.
