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Jaishankar to visit Russia for trade meet amid US tariff tensions
Jaishankar to visit Russia for trade meet amid US tariff tensions
External Affairs Minister S Jaishankar will visit Moscow on August 23-24 to co-chair the 27th session of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC). He will…
External Affairs Minister S Jaishankar will visit Moscow on August 23-24 to co-chair the 27th session of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC). He will also hold talks with Russian Foreign Minister Sergey Lavrov on regional and global issues. The visit comes amid tensions with the US over tariffs on Russian energy purchases and ahead of President Vladimir Putin's expected trip to India for the BRICS summit next month.
Trade is a key focus. Bilateral trade hit a record USD 68.7 billion in 2024-25 but is heavily skewed toward Indian oil imports. India's exports to Russia were only USD 4.88 billion. New Delhi has raised concerns over the trade imbalance and called on Russia to ease tariff barriers and improve payment mechanisms. Both sides have set a target of USD 100 billion in bilateral trade by 2030. The New Indian Express reports the visit also covers connectivity projects like the International North-South Transport Corridor.
Indian Opinion Analysis
Both sources report the same facts neutrally, but New Indian Express gives more geopolitical context, explicitly naming the US tariff pressure on India for buying Russian oil and the trade imbalance figure. Times of India focuses on the commission's sectoral working groups and preparation for future high-level engagements. Neither source adopts a stance. The core takeaway is that the visit serves dual purposes: managing the immediate US tariff pressure and advancing long-term economic and connectivity goals. Watch for whether the trade imbalance is addressed in the joint statement.
Coverage: 2 sources, 2 neutral
Sources (2): newindianexpress.com (neutral report), timesofindia.indiatimes.com (neutral report)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
