Indian business delegation to visit Russia to explore Agri Exports

NEW DELHI: An Indian business delegation will visit Russia on April 24-27, the Indian exporters’ body saidonFriday,afreshsignofexpanding bilateral trade ties as Moscow increasingly turns east in response to Western sanctions imposed over the Ukrainewar

Theannouncementfollowsavisitby

Russian trade and industry minister Denis Manturov to Delhi earlier this week which included discussions on the signingofafreetradeagreement(FTA) inthenearfuture.

“The 50-member delegation would meet buyers in Moscow and St Petersburg,” said A. Sakthivel, President of the Federation of Indian

Export Organisations (FIEO), adding they were aiming to expand Indian exports to Russia to $5 billion in the current financial year that started this month.

The exporters expect to sign deals for selling a wide range of products including tea, sugar, coffee, dairy, meat, andmarineproducts,theofficialsaid.